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.”
Business continues to hold steady or even improve in equipment finance, as the Top 25 Private Independents reported $7,504.5 million in new business volume for 2018, topping a record-setting 2017 with a growth of 17.2% year-over-year. Four companies achieved volume... read more
Various common types of transactions in our industry result in equipment leasing and finance companies acquiring interests in transactions that are outside the primary states in which they are located. Some examples include the very active market pursuant to which... read more