Nearly doubling its total annual fundings from 2020, Onset Financial shattered its previous company funding record, funding $400 million within the first six months of 2021. In the last 12 months, Onset Financial has funded nearly $600 million. The company also funded more during Q2/21 than all of 2020.

Onset Financial had a company record-breaking 2020, funding a total of $240 million in lease transactions. Now, at the halfway point of 2021, Onset Financial has exceeded that number by 67%. The fundings this year have covered an array of companies, industries and equipment spread across the United States and around the world.

“We are thrilled to accomplish the milestone of financing [$400 million] in such a short amount of time,” Melinda Haynes, president of Onset Financial, said. “Onset is successful because of our team’s accuracy, speed and exemplary work ethic. We are looking forward to seeing what we will accomplish during the second half of the year.”

“2021 has proven to be a truly special year at Onset Financial, and we are grateful for our key relationships and our magnificent team that have allowed us to achieve such spectacular results thus far,” Justin Nielsen, CEO and founder of Onset Financial, said.

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