Onset Financial funded a $40 million lease transaction for an energy provider, enabling the company to begin implementing its growth strategies.

“To say that I’m incredibly proud would be an understatement,” Justin Nielsen, CEO and founder of Onset Financial, said. “Thanks to our phenomenal team and their tireless efforts, we were able to finance exactly what our client needed.”

As an energy provider, the customer for this transaction serves national and international power needs.

“The seamless collaboration through every facet of our organization made this possible,” Kristina Allen, executive vice president of documentation at Onset Financial, said, “Everyone from our documentation team and credit team to our funding partners was more than willing to go the extra mile to ensure that our customer’s needs were met and expectations were exceeded.”

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