Onset Financial provided $3 million in capital for the growth of an iconic Las Vegas Resort. The project expands an outdoor banquet and conference area facility. This investment will increase the resort’s appeal for convention and business meeting needs. The transaction is structured as a Synthetic Lease to accommodate the customer’s objectives.
“Onset is excited to help our client meet their growth initiatives,” said Libby Lohnes, VP of Sales with Onset. “This historic location is a popular destination on the Las Vegas Strip, and providing the funding for this resort will help them create unique gathering areas for their clientele.”
The core purpose of a UCC financing statement is to give notice to secured parties, lien creditors, purchasers and other third parties that the secured party identified in the financing statement claims an interest in the collateral described in the... read more
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