Onset Funds $10M Aviation Transactions

January 28, 2014

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.

“This equipment is typically very difficult to finance,” said Heath Birchall, VP of Sales with Onset Financial. “Our client had been struggling to find someone who could complete this transaction. Onset’s increased structuring flexibility enabled us to get it done when no one else could. I’m pleased that we were able to utilize our competitive advantages to the benefit of our customer.”