Onset Financial funded $30 million for tractors and over-the-road equipment for a provider of transportation and trucking solutions that had an immediate cash-flow concern.

“Transactions like these are a perfect illustration of why we love what we do here at Onset,” Justin Nielsen, CEO and founder of Onset Financial, said. “Being able to provide funds that are integral in helping this company recover and grow further fuels our passion to provide the best experience equipment finance has to offer.”

“I am extremely pleased to see a transaction of this complexity and size fund with the speed and accuracy that it did,” Heath Birchall, senior vice president of sales for Onset Financial, said. “Working with a fantastic and committed client allowed us to showcase our capabilities and achieve our common goal. We look forward to a long-lasting relationship with this client.”

Monitor recently named Onset Financial the eighth largest independent equipment leasing company in the United States.