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Onset Financial Breaks Record, Funds $400MM in First Six Months of 2021

July 01, 2021, 07:23 AM
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Topic: Industry News

Nearly doubling its total annual fundings from 2020 – Onset Financial shattered its previous record, funding $400 million within the first six months of the year. In the last 12 months, Onset Financial funded nearly $600 million and funded more during the second quarter of 2021 than the entire year of 2020.

Onset Financial had a record-breaking 2020, funding a total of $240 million in lease transactions. Now, at the halfway point of 2021, Onset Financial has exceeded that number by 67 percent with a year-to-date funding total of $400 million. These fundings cover an array of companies, industries and equipment spread across the United States and around the world.

Onset continues to master the art of helping customers meet their financing needs by offering them the most comprehensive selection of funding options possible, a fact well-illustrated by this record-breaking growth.

“We are thrilled to accomplish the milestone of financing $400MM in such a short amount of time,” said President Melinda Haynes. “Onset is successful because of our team’s accuracy, speed and exemplary work ethic. We are looking forward to seeing what we will accomplish during the second half of the year.”

“2021 has proven to be a truly special year at Onset Financial and we are grateful for our key relationships and our magnificent team that have allowed us to achieve such spectacular results thus far,” said CEO and founder Justin Nielsen.

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