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Onset Financial Funds $40MM for International Energy Provider

June 28, 2021, 07:22 AM
Filed Under: Energy

Leveraging its strong funding relationships, Onset Financial funded $40 million for an energy provider. This lease transaction enabled the energy provider to begin implementing its growth strategies.

Due to the location and complexities of the equipment, this transaction presented an array of challenges. Onset was able to present the customer with a creative structure that highlighted the flexibility that Onset is uniquely suited to offer.

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

As an energy provider, Onset’s customer serves vital power needs throughout the nation and internationally.

“The seamless collaboration through every facet of our organization made this possible,” said Kristina Allen, Executive Vice President of Documentation. “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.”

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