Daily News: August 1, 2012

Onset Financial Begins Funding $3MM in Digital Billboards

Onset Financial said it has begun funding $3 million in LED digital billboards for a national advertising firm. The billboards represent cutting-edge technology for oversized electronic displays, and allow the firm to increase their advertising inventory and market reach.

“We are excited to have successfully underwritten another difficult transaction,” said Scott Miller, president of Onset Financial. “Onset has become even more versatile in our ability to credit approve deals with challenging collateral.”