Onset Financial Approves and Funds $1M Steel Manufacturing Equipment

October 27, 2017

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

“We were able to approve and fund this uniquely difficult transaction in less than 48-hours,” said Executive Vice President of Sales, Matt Burrows. “This customer was on a tight deadline and we were proud to be able to help them get the funds they needed.”

This steel manufacturing equipment will allow the customer to continue operations with no break in production.

Onset Financial prides itself in being able to successfully structure and fund complicated transactions. This transaction has equipment located outside the United States and required a fast turnaround. Either one of those hurdles makes it difficult, but the combo of the two is where Onset was truly able to shine by meeting expectations on a nearly impossible request.