Onset Financial Completes $14M Energy Transaction
- #equipmentleasing--Onset Financial has delivered $14 million in financing on mobile well
servicing equipment for a large energy company.
“When we first contacted the lessee, they were thrilled to learn that we could provide competitive terms and deliver funding within 10 to 14 days,” said Matt Burrows, Executive Vice President of Sales at Onset Financial. “This equipment will immediately generate significant revenue well in excess of the lease payments, so it’s a home run for the company.”
This partnership will allow this large energy company to continue to grow by providing energy services to all of its valued customers.
“We are proud to actively finance the energy industry when other underwriters in equipment finance are shying away,” said Justin Nielsen, Chief Executive Officer at Onset Financial. “This is just another demonstration of the competitive advantage we have in the marketplace.”
About Onset Financial, Inc. – Founded in 2008, Onset Financial, Inc. is an equipment leasing and financing company specializing in offering increased funding options to its clients. 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.
ContactsOnset Financial, Inc.
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Debbie Worthen, 801-878-0600
[email protected]
www.onsetfinancial.com
fax: 801-878-0601
SOUTH JORDAN, Utah–(BUSINESS WIRE)–#equipmentleasing–Onset Financial has delivered $14 million in financing on mobile well
servicing equipment for a large energy company.
“When we first contacted the lessee, they were thrilled to learn that we
could provide competitive terms and deliver funding within 10 to 14
days,” said Matt Burrows, Executive Vice President of Sales at Onset
Financial. “This equipment will immediately generate significant revenue
well in excess of the lease payments, so it’s a home run for the
company.”
This partnership will allow this large energy company to continue to
grow by providing energy services to all of its valued customers.
“We are proud to actively finance the energy industry when other
underwriters in equipment finance are shying away,” said Justin Nielsen,
Chief Executive Officer at Onset Financial. “This is just another
demonstration of the competitive advantage we have in the marketplace.”
About Onset Financial, Inc. – Founded in 2008, Onset Financial, Inc. is
an equipment leasing and financing company specializing in offering
increased funding options to its clients. 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.
Contacts
Onset Financial, Inc.
Debbie Worthen, 801-878-0600
[email protected]
www.onsetfinancial.com
fax:
801-878-0601
