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Onset +
Freight

Transportation

$2,000,000

Transaction Highlights

Funded $2,000,000

Flexible Documentation

Customized Lease

Overview

This company started operations nearly 40-years ago. They now have a family of companies that use a headquarters that leads their industry. They specialize in everything from public tank wash facilities to long and short-haul chemical carrier transportation.

Why was Onset their best choice?

With good credit and a very strong personal guarantee, this company was acclimated to low-cost financing on tractors and trailers. They needed flexible documentation that would allow them to sub-lease equipment to another user. They also needed a low factor on a 60-month lease. Onset was able to deliver a great approval and provide unique subleasing language and other customization to documentation that the customer needed.

Capital
Flexibility
Company Revenue
$272,000,000

Lease Type
Operating Lease; Non-Tax Lease

Industry
Freight

Onset was able to deliver a low factor lease on used equipment with customized flexible documentation that enabled the lessee to sublease the property.

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