Onset Financial Celebrates New Campus with Open House Ribbon Cutting

Onset Financial, the leader in independent equipment leasing, just celebrated the opening of its new headquarters in Draper, Utah.


Onset Financial Named as a Top Independent Equipment Finance Company

Onset Financial is part of "Monitor Daily's" Top Private Independents of 2019.


Onset Financial Announces Promotion of Key Sales Leader

Onset Financial has promoted Matt Burrows to Chief Revenue Officer.


Onset Financial Wins National Advertising Awards

The Telly Awards just named Onset Financial as a winner for video excellence in promotional business-to-business video.


Onset Financial General Counsel Named as Corporate Counsel Honoree

Utah Business just named Scott Finlinson as a Corporate Counsel Honoree. The awards honor Utah’s standout corporate counsel for the critical roles they play in making their companies successful.


Onset Financial Moves to New Campus to Accommodate Growth

Nearly two years after breaking ground, Onset Financial’s campus is complete. Employees will start 2019 in an all-new state-of-the-art 55-thousand square foot office space and campus. The headquarters are nestled along the Wasatch Front in the heart of Draper, Utah with mountain views from every angle.


Onset Financial Names New President of Lease Operations

Onset Financial has promoted Melinda Haynes to President of Lease Operations. Previously, she served as Senior Vice President of Product Management. In her new role, Haynes will oversee all lease operations at Onset Financial, manage department leadership and track analytics to ensure all processes are streamlined and effective.


Onset Gives Donates $50,000 to Primary Children’s Hospital at Annual Gala

Onset Gives, the philanthropic sector of Onset Financial, held its annual benefit gala Friday, December 7, 2018, at The Grand America in Salt Lake City, Utah. The event was to raise money for Primary Children’s Hospital.


Onset Financial Acquires Veteran Sales Specialist Holly Shoemaker

Onset Financial is pleased to announce Holly Shoemaker as a new Vice President of Sales. Shoemaker brings more than 20 years of experience and is an incredible asset to the Onset Team.


Onset Financial Named Among Fastest Growing Companies in Utah for Second Year

MountainWest Capital Network (MWCN) named Onset Financial among their Utah 100, the fastest growing companies in Utah, for the second year! MWCN released their list with rankings based on a percentage of revenue increase over the last four years.


Onset Financial Funds $15M for International Automotive Supplier

Onset Financial has just financed $15 million dollars in relatively unsecured international equipment. This company has experienced extraordinary growth over the past few years and this financing will help them strategically grow their business.


Onset Financial Funds $5M for Retail Customer

Onset Financial has just funded $5 million dollars for a retail company that operates hundreds of centers across the country. The funds allowed the company to finance a new venture they were undertaking.


Onset Financial Funds $22M for Medical Diagnostics Facilities

Onset Financial has just funded $22 million dollars for one of the leading medical imaging facilities in the country. With dozens of clinics in operation already, these funds allowed this customer to not only purchase new equipment but build more clinics to expand their service area.


Onset Financial Named Among Utah’s Fastest Growing Companies for Second Year

Utah Business Magazine named Onset Financial on their Fast 50 as one of the state’s Fasted Growing Companies. This is the second year in-a-row that Onset Financial has placed on the Utah Fast 50 list. The rankings are based on two calculations: five-year revenue growth and total five-year revenue.


Onset Financial Ranks on Inc. 5000 for Second Year

Inc. magazine has ranked Onset Financial on its 37th annual Inc. 5000, the most prestigious ranking of the nation's fastest-growing private companies. The list represents a unique look at successful companies within the American economy’s most dynamic segment— its independent small and midsized businesses.


Onset Gives to host 2nd Annual Charity Golf Tournament

Onset Gives, in conjunction with Onset Financial, is thrilled to announce a star-studded line-up for our annual Charity Golf Tournament hosted by Wally Joyner to be held August 27th at Riverside Country Club in Provo, Utah.


Onset Financial Subsidiary Mazuma Capital Funds $15M International Medical Device Company

Onset Financial has just funded $15 million dollars for a global medical device company. This billion-dollar organization leads its industry in cutting-edge technology that has revolutionized the world of sports medicine and recovery.


Onset Financial Founder Justin Nielsen Named a Glassdoor Top CEO for 2018

Onset Financial CEO Justin Nielsen has won a spot on Glassdoor Employees’ Choice Awards honoring America’s Top CEOs in 2018. Glassdoor, one of the world’s largest job and recruiting sites, released its annual report recognizing the Top 50 CEOs, which highlights leaders that employees love working for at businesses with up to 1000-employees.


Sixth Bi-Annual Park City Training for Onset Financial 10-Year Anniversary

Onset Financial is pleased to announce the completion of the Sixth Park City Training at the Newpark Hotel in Park City, Utah. This event is a great way for Onset to provide professional development to our employees.


Onset Financial Named Best of State in Equipment Finance

Onset Financial is honored to receive the 2018 Best of State Award in Equipment Finance. The prestigious award comes during a historic time of record growth for Onset Financial.


Onset Financial CEO Justin Nielsen Addresses Students, Faculty and Men’s Basketball Team at Weber State University

Ogden, Utah – Onset Financial Founder and Chief Executive Officer Justin Nielsen addressed students and faculty at the England Logistics Professional Sales Speaker Series on Wednesday. The series is presented by the Alan E. Hall Center for Sales Excellence.


Onset Gives Joins Jordan Education Foundation for a Night of Culture

Nearly a thousand students of Majestic Elementary School in West Jordan, along with their parents, were able to enjoy a Fiesta Celebration just in time for Christmas.


Senior Vice President and Director of Zions Bank Operations Moves to Onset Financial

Melinda Haynes joins Onset Financial as Senior Vice President of Product Management. Most recently, she spent nearly three decades at Zions Bancorporation.


Onset Financial Subsidiary Mazuma Capital Funds $4.1M Midwest Retail Company

Mazuma Capital just funded retail dispensers for a company that has a substantial footprint in the Midwest. This equipment allows the company to start an additional side to their business.


“Utah Business Magazine” Features Onset Financial in Fintech Article

The company’s list of equipment-lending options is extensive; from operating leases to synthetic leases, purchase-upon-termination leases, collar leases, tax leases, deferred-payment leases and wrap leases, its menu reads like a Denny’s of industrial lending.


Onset Financial Funds $5M in Medical Equipment in Less Than One Week

Onset just completed a $5 million funding for a multi-billion dollar healthcare organization and did so in less than a week.


Onset Financial Approves and Funds $1M Steel Manufacturing Equipment

Onset Financial has funded one of the fastest contracts in company history on international equipment.


Onset Financial Named to Mountain West Capital Network’s 2017 Utah 100

For the second time in three months, Onset Financial has been named one of Utah’s fastest growing companies. Mountain West Capital Network released their list with rankings based on the percentage of revenue increase over the last four years.


Onset Financial Breaks Ground on New Building

Utah’s leading independent equipment leasing company Onset Financial is moving to Draper. At a groundbreaking today, the company announced plans to build a 31,000 square foot state-of-the-art facility.


Onset Financial Makes Inc. Magazine’s Top 5000

Inc. magazine just released the Inc. 5000 list, the most prestigious ranking of the nation's fastest-growing private companies and Onset Financial is on the list.


Onset Financial Named Utah’s 30th Fastest Growing Company

Utah Business Magazine named Onset Financial the 30th Fastest Growing Company in Utah. The numbers are based on two calculations: five-year revenue growth and total five-year revenue.


Onset Financial Onset of Utah’s Fastest Growing Companies

Utah Business has named Onset Financial as one of Utah’s top 50 companies. The ranking calculation is based on two components: five-year revenue growth and total five-year revenue.


Onset Financial Employees Help Fight Hunger with Charity ‘Onset Gives’

Onset Financial and its incredible team members have sacrificed over 40 quality hours, which are typically dedicated to multi-million dollar equipment finance projects, to the Utah Food Bank.


See Our Write-Up on CEO Justin Nielsen in Utah Business Magazine

Justin Nielsen founded Onset Financial in 2008 to bring dependable equipment leasing options to the market. Creating a financial services company during the peak of the Great Recession was risky, and Nielsen had to work long and hard hours to bring on investors.


Onset Financial Named #23 Best Company to Work for in Utah

Utah’s leading publication, The Deseret News, just released this year’s list of Utah’s best places to work and Onset Financial is in the top 25. The list includes how likely people would be to recommend their company to a friend.


Onset Funds Additional $3M for Dealership

Onset Financial has funded an additional $3M for a Western U.S. auto dealership. this newest financing is being employed to facilitate inventory acquisition and increase client base.


Onset Provides $1.3M for Injection Molds

Onset Financial has completed the funding on a plastic injection mold for a global, multi-business manufacturer. Totaling $1.3M, this transaction allowed the client to expand capacity in order to keep up with increased demand for its products.


Onset Delivers $10M for Software Conversion

Onset Financial is nearing completion on a $10M operating lease for a Midwest non-profit hospital's electronic records system conversion. This project unifies its systems across multiple locations, reducting duplication and enhancing communication & record accessibility between sites.


Onset Financial Completes $14M Energy Transaction

Onset Financial has delivered $14-million in financing on mobile well servicing equipment for a large energy company.


Onset Financial Funds $6.5M for National Egg Farm

Onset Financial has provided $6.5MM to one of the largest egg farms in the US. This operating lease will preserve cash flow while the company finances a construction project to place new coops in service.


Onset Financial Starts Charitable Organization

Onset Financial is proud to announce the addition of its own philanthropic branch “Onset Gives.’


Onset Hires 30-Year Leasing Veteran as VP of Sales

Onset Financial has hired Bruce Brandon as a Vice President of Sales. Brandon brings three decades of leasing experience to the sales team. His expertise will help Onset continue to grow and expand.


Onset Increases Internal Credit Line

Onset Financial, Inc. has increased its internal credit line by another $5M. This increased credit line is to be deployed in additional fundings for Onset's client's needs.


Onset CEO Nielsen Entrepreneur of the Year Finalist

Justin Nielsen, Chief Executive Officer of Onset Financial is a top contender for Entrepreneur of the Year, Utah Region. The award is part of EY's work in identifying and supporting business leaders who demonstrate extraordinary success in areas such as innovation, financial performance, and personal commitment.


Onset Financial Names Best of State in Equipment Finance for Second Year

Onset Financial is honored to receive the 2019 Best of State Award in Equipment Finance for the second year in a row. The Best of State Awards are judged on achievement, innovation, and contribution to the quality of life in Utah and were created to recognize outstanding businesses in the state.


Onset Starts 2017 with Unprecedented Growth

Onset Financial is finishing the first 45-days of 2017 with $30-million in fundings. This is a new record for the equipment leasing company and comes on the heels of Onset's banner 2016 that closed with $130-million in fundings.


Brady Promote to SVP of Lease Operations

Chantelle Brady, one of the original founders of Onset Financial, has been promoted to Senior Vice President of Lease Operations.


Baseball Legend Joins Onset Financial

Baseball legend Wally Joyner has joined Onset Financial as a Vice President of Strategic Development. Mr. Joyner has served on the Board of Directors since 2009. Now he will serve a full-time role, working with a seasoned management team.


Onset Financial Funds Record $130M in 2016

Onset Financial just closed 2016 with its sixth straight year of growth and a record $130 million in equipment lease fundings. Since inception in 2008, Onset has averaged more than 50% year-over-year growth.


Finlinson Appointed to ELFA Legal Committee

Scott Finlinson has just accepted an appointment to the ELFA Legal Committee. He will serve until November of 2019.


Award Winning Journalist Joins Onset

Debbie Worthen is a household name in Utah. She's dominated local TV on Utah's number one television station for the last 15-years. During that time, she also made appearances on CNN and the CBS Morning News. She has been recognized numerous times by the Utah Broadcasters Association for her work on breaking news and for general excellence.


Onset Financial has Record Start 2016

Onset Financial has begun the year with a record start of over $22M funded in the first six weeks of 2016. While many in the Equipment Finance space have had a challenging and inconsistent few years recovering from recent economic difficulties, Onset has experienced 7 straight years of consistent funding growth.


Kristina Allen Named EVP of Lease Operations

Onset Financial has named Kristina Allen as EVP of Lease Operations. With almost two decades of experience documenting equipment lease transactions, and a demonstrated ability as a skilled manager and leader, Kristina is well prepared for this expanded role.


Onset Financial Promotes Nancy Eggan

Onset Financial has promoted Nancy Eggan to Executive Vice President of Internal Operations. With nearly four decades of equipment leasing experience, Nancy's industry knowledge and expertise make her an excellent fit for this position.


Onset Secures $10M for Energy Services Co.

Onset Financial has secured $10M for the growth of a Texas-based energy services company. This funding enables the firm to accelerate its growth plans and is a vital element to their expansion goals.


Onset Financial Funds $2.6M for Medical Clinic

Onset Financial has provided $2.6M for the expansion of a family medical center located in the southern U.S. The project helps more than quadruple the patient consultation facilities and allows the clinic to offer new services to their clientele.


Onset Funds $3M for Las Vegas Strip Resort

Onset Financial is providing $3M in capital for the growth of an iconic Las Vegas Resort. The project expands an outdoor banquet and conference area facility. This investment will increase the resort's appeal for convention and business meeting needs.


Onset Funding $7.7M for West Coast Hospital

Onset Financial is nearing completion on two projects totaling nearly $8M for a west coast hospital. The fundings, providing electronic medical records software and general hospital equipment, are helping Onset's client upgrade their facilities and meet new requirements associated with the Patient Protection and Affordable Care Act.


Onset Funds $20M in Refinery Equipment

Onset Financial is nearing completion on a funding of $20M in refining equipment for a Texas-based energy company. This equipment, spread between several locations across the Southern United States, will be used for refining of various products including petrochemicals, asphalt, and low-emission fuels for everyday use.


Onset Hires Kristina Allen as VP of Lease Operations

Onset Financial has hired Kristina Allen as VP of Lease Operations. With over 12 years of banking and lease documentation experience, Kristina's extensive background further solidifies the strength of Onset's lease documentation team.


Scott Finlinson Joins Onset as Corporate Counsel

Scott Finlinson has joined Onset Financial as their Corporate Counsel. With more than 15 years of legal expertise in corporate law & governance, tax law, and real property matters, Scott has been a highly sought after legal resource in equipment finance transactions.


Onset Funds $10M Aviation Transaction

Onset Financial has completed funding of a $10M Operating Lease for a West Coast aviation supply company. The international firm, with locations in the United States and Asia, is using the funds to secure additional inventory and keep pace with increased global demand for its products.


Onset Financial Acquires Mazuma Capital

Onset Financial has completed its acquisition of Mazuma Capital Corp, a Draper Utah based Equipment Leasing and Financing company. The two organizations, which had previously been competitors, are excited for the increased opportunities their new union will bring.