Onset Financial financed $15 million in relatively unsecured international equipment for an automotive supplies company that has experienced extraordinary growth over the past few years.

A global leader in automotive safety, the company provides products most drivers use on a daily basis.

The financing will be used to strategically grow the company’s business.

“Completing a transaction of this magnitude in less than seven days is almost unheard of. This injection of capital will produce immediate benefits for our customer, so I couldn’t be happier,” said Matt Burrows, executive vice president at Onset Financial. “We are fortunate to enjoy a strong working relationship with this customer and the leadership at both companies ensured a quick turnaround through cooperation and responsiveness.

“Teamwork, speed, and efficiency made this funding happen,” said Senior Vice President of Product Management, Melinda Haynes. “Once again, Onset was able to make a difference by quickly responding to the needs of a client.”