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Onset Financial Funds $210 Million in 2019

January 2, 2020 GMT

DRAPER, Utah--(BUSINESS WIRE)--Jan 2, 2020--

Onset Financial, one of the leading independent equipment leasing companies in the country, has accomplished a company best in 2019 by beating all previous calendar years with $210 million in total fundings.

Achieving this milestone demanded a record-breaking performance in the fourth quarter as Onset funded over $85-million during the last three months of 2019.

“A 77% increase over the prior year’s total fundings required an exceptional team performance,” said Justin Nielsen, Founder and CEO of Onset Financial. “We demonstrated a cohesive team bond and accomplished something very special this year.”

This banner year also represents the first twelve-month period that onset Financial has occupied its new 55-thousand square-foot building in Draper, Utah.

“Our unique funding capabilities combined with exceptionally gifted and talented people are the core ingredients of our success,” Nielsen continued. “Watching our departments continue to perform at such a high level is definitely one of the all-time highlights of my career!”

Onset was named the nations twenty-first largest Independent Equipment Leasing Company in 2019 by The Monitor Daily Magazine.

About Onset Financial, Inc. – Founded in 2008, Onset Financial, Inc. is the industry leader in equipment leasing and financing. Onset’s seasoned Management Team has decades of equipment leasing experience and key industry relationships that enable Onset to offer additional flexibility in lease structuring. For more information please call 801-878-0600 or visit www.onsetfinancial.com.

View source version on businesswire.com:https://www.businesswire.com/news/home/20200102005560/en/

CONTACT: Debbie Worthen

Onset Financial, Inc.

o: 801.878.0600

f: 801.878.0601

dworthen@onsetfinancial.com

www.onsetfinancial.com

Facebook:https://www.facebook.com/OnsetFinancial

Twitter:https://twitter.com/OnsetFinancial

LinkedIn:https://www.linkedin.com/company/onset-financial

KEYWORD: UTAH UNITED STATES NORTH AMERICA

INDUSTRY KEYWORD: OTHER PROFESSIONAL SERVICES PROFESSIONAL SERVICES FINANCE

SOURCE: Onset Financial, Inc.

Copyright Business Wire 2020.

PUB: 01/02/2020 06:24 PM/DISC: 01/02/2020 06:24 PM

http://www.businesswire.com/news/home/20200102005560/en