On April 10, Onset Financial unveiled its highly anticipated Red Rock Division in the vibrant city of St. George, UT. This new 55,000-square-foot campus stands alongside Onset’s existing Draper Headquarters as a monument to Onset Financial’s...
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April 11, 2024, 07:05 AM
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Onset Financial exceeds $140 million in year-to-date fundings, shattering its previous record for January and February combined. With time to spare, this achievement also officially exceeds the best Q1 in company history.2023 is already another...
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March 13, 2023, 07:20 AM
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Michael Mayfield has joined Onset Financial as the Senior Vice President of Remarketing and Strategic Development. Mayfield spent 25 years building a thriving law practice at one of Salt Lake City’s largest and oldest law firms. His practice focused...
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March 08, 2023, 07:18 AM
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Remington Atwood, Chief Financial Officer of Onset Financial, was recognized as one of Utah Business’ Forty Under 40. This award celebrates the best, brightest and most promising talent – all under the age of 40 – who are changing Utah’s business...
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February 27, 2023, 07:05 AM
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Despite a year of economic shifts, Onset Financial has exceeded half a billion dollars in annual fundings for the second year in a row! This repeated achievement highlights Onset’s consistency of discipline, and capacity to help businesses across...
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December 19, 2022, 07:17 AM
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Onset Financial has broken another record with a remarkable $150 million in fundings in the third quarter, marking the best third quarter in Onset’s history.Even now, amidst surging inflation, record interest rate hikes and global concerns of...
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October 03, 2022, 07:18 AM
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Despite months of strenuous market conditions, Onset Financial is kicking off the third quarter with $235 million in year-to-date fundings, putting the company on track to exceed its annual funding goals yet again.“Onset has always been in the...
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July 12, 2022, 07:20 AM
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For the third year in a row, Onset Financial has obliterated its previous year’s funding totals, with over $550 million in total lease transactions. This number represents a nearly 90 percent increase in year-over-year total business volume."One of...
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January 10, 2022, 07:23 AM
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Onset Financial was honored to host the Fourth Annual Onset Gives Winter Gala at The Grand America in Salt Lake City, UT. The event was held in honor of those affected by breast cancer – awareness and early detection were the focus of the...
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December 07, 2021, 07:10 AM
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Onset Financial announced Remington Atwood was promoted to Chief Financial Officer. Atwood joined Onset Financial in 2012 and was previously Senior Vice President of Finance.Atwood oversees accounting, credit and syndication for Onset, working with...
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November 04, 2021, 07:19 AM
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Onset Financial continues funding at a record-breaking pace in 2021 as it aims to surpass a half-billion dollars in annual fundings by the completion of October.“We are grateful to our customers and funding partners who have made this year possible....
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October 22, 2021, 07:24 AM
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Onset Financial CEO and Founder Justin Nielsen was awarded the Globee CEO World Award for Top CEO of the Year – Visionary for 2021. The annual CEO World Awards program by Globee Business Awards encompasses the world’s best in leadership, innovation...
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October 05, 2021, 07:18 AM
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Onset Financial has set a benchmark of excellence as it wins the Best of State Award in Equipment Finance for the fourth consecutive year. Best of State is Utah’s gold standard of awards that recognizes outstanding businesses that achieve excellence...
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July 19, 2021, 07:15 AM
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Nearly doubling its total annual fundings from 2020 – Onset Financial shattered its previous record, funding $400 million within the first six months of the year. In the last 12 months, Onset Financial funded nearly $600 million and funded more...
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July 01, 2021, 07:23 AM
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With an immediate cash flow concern on the line for an industry-best provider of transportation and trucking solutions, Onset Financial was able to quickly fund $30 million in tractors and over-the-road equipment for it. Onset’s ability to meet the...
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June 29, 2021, 07:18 AM
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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...
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June 28, 2021, 07:22 AM
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Onset Financial has been named one of Inc. Magazine’s Best Workplaces for 2021. This year’s field of entries was the most competitive Inc. Magazine has seen with thousands of companies applying to be recognized as one of the best workplaces in...
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May 13, 2021, 07:12 AM
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Onset Financial breaks another record, funding $107 million in April, which catapults it to its best year in company history. This high achievement is due to the hard work of its cohesive and talented team. “We are thrilled about this accomplishment...
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May 05, 2021, 07:25 AM
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281,550 – That’s the number of women expected to develop invasive breast cancer in the U.S. in 2021 alone, as projected by the American Cancer Society. This astonishing number highlights the growing threat that women face and the need for awareness...
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April 16, 2021, 07:05 AM
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Onset Financial has broken another record. That is the message being conveyed to the equipment finance marketplace as Onset Financial has funded over $125 million in leases this quarter – surpassing the total annual fundings of 2018 in under 90...
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March 30, 2021, 07:23 AM
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Onset Financial, an independent equipment leasing company, achieved another unprecedented January with $63 million in fundings, making it the highest funding month in company history. This accomplishment is after Onset’s record-breaking 2020.For the...
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February 02, 2021, 07:10 AM
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Onset Financial, an independent equipment leasing company, has achieved another record-breaking funding year in 2020 with $240 million in fundings. This beats its prior funding record set in 2019 by 14 percent. Achieving this milestone demanded a...
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January 05, 2021, 07:18 AM
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Onset Financial eclipsed the $100 million benchmark for 2020 new fundings in July. While the company continues to adapt as it overcomes the challenges of a global economic downturn, it remains consistent in its excellent ability to meet its...
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August 21, 2020, 07:25 AM
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Onset Financial Founder and CEO Justin Nielsen was recognized as a CEO of the Year by Utah Business Magazine. At an awards lunch held at The Grand America in Salt Lake City, the program focused on the attributes of innovative CEOs and how “great...
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July 06, 2020, 07:15 AM
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Onset Financial finished January with $42 million in new fundings. This is the largest single-month in company history and comes on the heels of Onset’s record-breaking 2019, where fundings increased 77 percent.“We have funded nearly $100 million...
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February 04, 2020, 07:18 AM
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Onset Financial has accomplished a company best in 2019 by beating all previous calendar years with $210 million in total fundings.Achieving this milestone demanded a record-breaking performance in the fourth quarter as Onset funded over $85 million...
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January 03, 2020, 07:12 AM
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Onset Financial closed third quarter with the highest sales in its history and is on track for its best year in new fundings since inception in 2008.“These tremendous sales are a result of synergistic alliances with key business partners,” said...
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October 04, 2019, 07:10 AM
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Onset Financial just celebrated the opening of its new headquarters in Draper, UT. The company’s growth over the last decade necessitated the state-of-the-art, 55,000-square-foot building.Over 300 business associates, employees and community leaders...
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June 11, 2019, 07:10 AM
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Onset Financial has promoted Matt Burrows to Chief Revenue Officer. In his new role, Burrows will oversee all high-profile transactions as well as drive integration and alignment between marketing, sales and customer support.“Matt is the market...
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May 31, 2019, 07:25 AM
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Onset Financial announced it is honored to receive the 2019 Best of State Award in Equipment Finance for the second year in a row. The Best of State Awards are judged on achievement, innovation and contribution to the quality of life in Utah and were...
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April 17, 2019, 07:00 AM
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The Equipment Leasing and Finance Association’s (ELFA) Monthly Leasing and Finance Index (MLFI-25), showed overall new business volume for February was $5.9 billion, down 24 percent year-over-year from new business volume in February 2018. Volume was...
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March 25, 2019, 07:25 AM
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Nearly two years after breaking ground, Onset Financial’s campus is complete. Employees start 2019 in an all-new, 55,000-square-foot office space and campus in Draper, UT. “We have experienced year-over-year growth since inception,” said Justin...
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January 18, 2019, 07:05 AM
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Onset Financial has promoted Melinda Haynes to President of Lease Operations. Previously, she served as Senior Vice President of Product Management. In her new role, Haynes will oversee all lease operations at Onset Financial, manage department...
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January 16, 2019, 07:30 AM
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Onset Financial announced it has financed $15 million dollars in relatively unsecured international equipment. This company has experienced extraordinary growth over the past few years and this financing will help them strategically grow their...
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September 20, 2018, 06:50 AM
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Onset Financial CEO Justin Nielsen has won a spot on Glassdoor Employees’ Choice Awards honoring America’s Top CEOs in 2018. Glassdoor, one of the world’s largest job and recruiting sites, released its annual report recognizing the Top 50 CEOs, which...
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June 20, 2018, 07:12 AM
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Onset Financial Inc. received the 2018 Best of State Award in Equipment Finance in Utah. The prestigious award comes during a historic time of record growth for Onset Financial.
“We are so excited to be recognized by such an esteemed organization,”...
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April 12, 2018, 07:12 AM
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Melinda Haynes joined Onset Financial as Senior Vice President of Product Management. Most recently, she spent nearly three decades at Zions Bancorporation. In her role at Onset, Haynes will oversee the customer experience and track analytics to...
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January 04, 2018, 07:05 AM
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Mazuma Capital funded retail dispensers for a company that has a substantial footprint in the Midwest. This equipment allows the company to start an additional side to their business.“We are excited to provide the critical financing to drive growth,”...
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January 02, 2018, 06:07 AM
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Onset Financial funded one of the fastest contracts in company history on international equipment.“We were able to approve and fund this difficult transaction in less than 48-hours,” said Executive Vice President of Sales, Matt Burrows. “This...
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October 30, 2017, 07:04 AM
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Utah Business has named Onset Financial as one of Utah’s top 50 companies. The ranking calculation is based on two components: five-year revenue growth and total five-year revenue.“The Utah Business Fast 50 recognizes companies that are not only...
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August 14, 2017, 07:03 AM
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Utah’s leading publication, The Deseret News, released this year’s list of Utah’s best places to work and Onset Financial is in the top 25. The list includes how likely people would be to recommend their company to a friend. “This is something we are...
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June 23, 2017, 06:15 AM
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Onset Financial has delivered $14 million in financing on mobile well servicing equipment for a large energy company. “When we first contacted the lessee, they were thrilled to learn that we could provide competitive terms and deliver funding within...
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June 15, 2017, 07:00 AM
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Onset Financial is finishing the first 45 days of 2017 with $30 million in fundings. This is a new record for the equipment leasing company and comes on the heels of Onset’s banner 2016 that closed with $130 million in fundings. “Onset’s record start...
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February 22, 2017, 07:26 AM
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Baseball legend Wally Joyner has joined Onset Financial as a Vice President of Strategic Development. Joyner has served on the Board of Directors since 2009. Now he will serve in a full-time role, working with Onset’s seasoned management team. “Onset...
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February 10, 2017, 07:05 AM
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Onset Financial's General Counsel, Scott Finlinson recently accepted an appointment to the Equipment Leasing & Finance Association Legal Committee. He will serve until November 2019. Before joining Onset Financial full-time, Finlinson was an...
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January 25, 2017, 06:15 AM
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Debbie Worthen is a household name in Utah. She’s dominated local TV on Utah’s No. 1 television station for the last 15 years. During that time, she also made appearances on CNN and the CBS Morning News. She has been recognized numerous times by the...
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January 20, 2017, 06:32 AM
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Onset Financial has begun the year with a record start of over $22M funded in the first six weeks of 2016. Onset has experienced 7 straight years of consistent funding growth. Their strong start to 2016 follows a banner year in 2015, and Onset...
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February 25, 2016, 07:00 AM
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Onset Financial is providing $3MM 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...
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January 23, 2015, 06:34 AM
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Onset Financial has hired Kristina Allen as VP of Lease Operations. With over 12 years of banking and lease documentation experience, Kristina's extensive background further solidifies the strength of Onset's lease documentation team. She will be...
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June 19, 2014, 05:00 AM
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Scott Finlinson has joined Onset Financial as their Corporate Counsel. With more than 15 years of legal expertise in corporate law & governance, tax law, and real property matters, Scott has been a highly sought after legal resource in equipment...
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May 06, 2014, 05:30 AM
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Onset Financial has promoted Remington Atwood to VP of Finance. Remington's strong financial background has been hard at work strengthening and expanding relationships with funding partners, and improving Onset's credit analysis processes. "Remington...
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April 05, 2013, 07:07 AM
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Onset Financial has added Nancy Eggan as Sr. VP of Operations. With over 35 years of experience in lease documentation and administration, Mrs. Eggan brings a wealth of industry knowledge, and further strengthens Onset’s operations team. “I’ve known...
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April 03, 2013, 07:00 AM
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