Industry News: Around the Industry
Onset Financial Funding $5MM for National Fitness Franchises
South Jordan, Utah — 24 JAN 2013 — Onset Financial is completing $5MM in Operating Lease fundings for several national fitness franchises. These transactions will facilitate build-out and construction on existing and new gym locations.
"We are excited to work with our clients to assist in the continued growth of their companies," said Libby Lohnes, Vice President of Sales for Onset Financial. "Our diversified funding capabilities allowed us to finance a large portion of soft costs on these transactions, which are typically undesirable to most Equipment Lessors. This allowed our clients to increase market share in a highly competitive industry." About Onset Financial, Inc. – Founded in 2008, Onset Financial, Inc. is an Equipment Leasing & Financing company specializing in providing increased funding options to its clients. Onset's seasoned Management Team has decades of equipment leasing experience and key industry relationships that enable Onset to offer additional flexibility in lease structuring. For more information, please call 801 878 0600 or visit www.onsetfinancial.com.
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|Contact Name:||Charlie Sumpter|
|Organization Name:||Onset Financial, Inc.|