The latest news and updates from Channel.
Draper, UT, and Minnetonka, MN (April 8, 2025) – Onset Financial, one of the nation’s fastest-growing independent equipment leasing companies, today announced it has acquired Channel and its subsidiaries, a premier provider of equipment finance and working capital solutions for small business.
The National Equipment Finance Association (NEFA) is a trade association comprised of professionals serving the equipment leasing and finance industry. NEFA’s member companies are diverse and include independent and bank-owned lessors and funding sources, commercial finance brokers, specialty lenders, and various specialized service/product providers serving the needs of these equipment finance specialists.
Minnetonka, MN – September 3, 2024. Channel is honored to be the recipient of the ELFA’s 2024 Operations and Technology Excellence Award, which recognizes financial organizations for their innovative use of technology and data within the industry.
Minnetonka, MN – August 19, 2024. Channel, a leading provider of equipment financing and working capital solutions, is proud to announce the closing of its sixth securitization and fourth Working Capital securitization; a $125 million issuance of asset-backed notes, secured by a diverse portfolio of small business loans and advances spanning multiple industries.
Minnetonka, MN, August 13, 2024 – Channel is pleased with its inclusion on the Inc. 5000 annual list of the fastest-growing private companies in America for a 12th consecutive year.
Minnetonka, MN, June 24, 2024 — Channel is proud to announce that, for the third consecutive year, it has been named one of the Top 200 Workplaces in Minnesota by the Star Tribune, ranking fifth amongst the top midsize companies in the state.
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