# Channel

> Channel is a US nonbank lender that provides equipment finance and working capital to small and medium-sized businesses through third-party finance companies. Founded in 2009, it became part of Onset Financial in 2025 and reports more than $4 billion funded to over 41,000 businesses. Its distinction is combining equipment and operating finance within an existing partner relationship.

- **Founded:** 2009
- **Headquarters:** Minnetonka, United States
- **Founders:** Brad Peterson (Co-founder; former CEO; Executive Board Member), Adam Peterson (Co-founder; Chief Executive Officer), Jill Fleck (Co-founder; Vice President of Administration)
- **Products:** Equipment Finance, Working Capital, Bundled Working Capital, Equipment Credit Line, Channel MAX10
- **Notable:** Reports more than $4 billion funded to over 41,000 businesses., Reports more than 62,000 cumulative financing transactions and service in all 50 US states., Reported 14 consecutive Inc. 5000 appearances in August 2026.

## Products & services

- **Equipment Finance** — New and used equipment financing of $10,000–$250,000; published terms of 12–72 months with risk-based pricing. Channel advertises credit decisions in under four hours.
- **Working Capital** — $10,000–$400,000 for inventory, projects, receivables gaps, expansion and operating needs; customized repayments and potential funding in as little as 24 hours.
- **Bundled Working Capital** — Working capital offered alongside equipment finance, designed to fit partner processes without additional paperwork.
- **Equipment Credit Line** — Supports multiple equipment purchases as needs arise.
- **Channel MAX10** — Lease with end-of-term renewal, return or purchase options; fair-market-value purchase amount capped at 10 percent.
- **Channel Structured FMV** — Lease offering 60/50/40-month terms and respective 6/5/4-month structured fair-market-value payments.
- **SYNC Program** — Customizable marketing templates for partners promoting equipment finance and working capital.

## Achievements

- Reports more than $4 billion funded to over 41,000 businesses.
- Reports more than 62,000 cumulative financing transactions and service in all 50 US states.
- Reported 14 consecutive Inc. 5000 appearances in August 2026.
- Completed its eighth securitization in May 2026.
- Reported more than 45 percent year-over-year growth in fourth-quarter 2025 originations.
- Reported fifth consecutive Star Tribune Top 200 Workplace recognition in June 2026.

## Latest updates

- **2026-10** — CIBC Bank USA total committed financing expanded to $135 million with a new equipment-finance revolving facility; reported October 22.
- **2026-08** — Cory Krogen promoted to Head of Sales; Channel also announced its fourteenth consecutive Inc. 5000 listing.
- **2026-06** — Fifth consecutive Star Tribune Top 200 Workplace listing.
- **2026-05** — Completed $205 million equipment-finance securitization; Christian Rossi joined as Chief Risk Officer.
- **2026-04** — Heidi Mukomela joined as Senior Vice President of Credit and Operations.

## Links

- Website: https://www.channelpartnerscapital.com/
- LinkedIn: https://www.linkedin.com/company/channelpartnerscapital

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Profile page: https://yespress.io/channel
Published by YesPress — https://yespress.io
Last updated: 2026-10-25