Onset Financial Makes Big Jump on List of Top Equipment Finance Companies

August 13, 2020

Onset Financial, a leading independent equipment leasing company was just named one of the Top 100 Equipment Finance companies in the country by Monitor Magazine for the second year in a row and jumped 13-spots in new business volume.

“Onset has positioned itself for growth in every measurable category and continues to separate itself from the competition, especially in the independent space,” said Melinda Haynes, President of Onset Financial. “Our volume grew nearly 76-percent in 2019 and we credit that to an incredible team, speed and flexibility.”

Monitor 100 gives in depth insight into the largest and most successful companies operating in the equipment finance industry.

“After joining the exclusive Monitor 100 in 2018, Onset Financial has continued to accelerate its volume growth, further cementing its position as one of the top players in the equipment finance industry,” said Rita Garwood, Editor-in-Chief, Monitor Daily, “In Monitor’s ranking of 2019 volume, Onset achieved a 75.7% increase in new business volume, which catapulted the independent 13 spots ahead of its prior year position. Congratulations to the Onset team for achieving this significant growth!”

Despite economic turmoil, Onset just surpassed $100 million year-to-date fundings in July and is well-poised for the future.