Onset Financial achieved another record-breaking funding year in 2020, recording $240 million in fundings, which beat the company’s prior funding record set in 2019 by 14%. Onset funded more than $115 million of its total funding for the year during Q4/20.

“We are so grateful to still be able to accomplish record breaking results this year in the face of so much adversity,” Justin Nielsen, founder and CEO of Onset Financial, said.

“Our team responded to the challenges of this year in a truly extraordinary fashion by coming together and working harder than ever. It has been such a difficult yet rewarding year,” Melinda Haynes, president of Onset Financial, said.

Onset was named the nation’s 12th largest independent equipment leasing company in 2020 by Monitor.