Onset + Manufacturing

"We were able to approve and fund this difficult transaction in less than 48-hours."

Steel Manufacturing

This company uses slotting equipment for a pipe distributor based in the United States, but the actual equipment is located out of the country. This client had fallen on a couple of tough years due to the downturn in the oil and gas industry. Luckily, their business exploded in 2017 - doubling their revenues. Their bank had specific covenants that allowed them to only spend so much, per-quarter on Capex. In order to keep up with their growth, they needed to have a piece of equipment funded before the quarter ended. They needed it under an operating lease structure. Onset was able to move quickly. In fact, 24-hours after the credit submission, the customer had MLA documents in hand.



Lease Type

Operating Lease

Company Revenue