Financing the Equipment that helps Businesses Grow

Onset + Hospitality

"Quick turnaround was crucial to get this exclusive resort up and running..."

Hospitality

A world class hotelier needs financing to cap off a major renovation, including software upgrades, and their private equity financiers and banking relationships had too much exposure. The customer was on a short timeframe and needed the financing to place the newly renovate property into service by month’s end. Onset Financial’s operations team turned around documentation quickly on a $3.5M operating lease that gave the customer the financing to complete their project and the off-balance sheet treatment they desired. This transaction underscores the fast turnaround time we offer our customers at Onset Financial.

Industry

Hospitality

Lease Type

True Lease, Operating Lease

Company Revenue

$80,000,000