Mazuma Capital in $36 million leasing deal

Mazuma Capital, a wholly owned subsidiary of Onset Financial, completed a $36 million true lease for a global medical diagnostics servicing firm in a sale and leaseback transaction, comprised of production equipment and soft costs.

The company said the move enabled the un-named customer to enhance their cash balance while maintaining strong EBITDA, and capitalize on additional opportunities to grow their business.

“Our client needed to quickly complete this financing to move forward on several critical initiatives,” said Dustin Bond, VP of sales with Mazuma. “Our swift turnaround and flexible solutions allowed us to craft a structure that could get our client the funds they needed to fuel their continued business growth.”