Lenvi Standby Servicing is proud to announce that we have been appointed as back-up service provider to asset-based lender, Beequip Equipment Finance, in their EUR 500m global public securitisation.
Founded in 2015, Beequip is a leading equipment financing partner that empowers entrepreneurs to acquire both new and used machinery through flexible solutions such as financial lease, operational lease, and sale-and-leaseback arrangements. Unlike traditional lenders, Beequip focuses on the intrinsic value of the equipment itself rather than a company’s annual financial results - enabling it to support a wider range of businesses, from start-ups to those navigating challenging times.
Beequip have provided over €4 billion in financing to more than 5,000 small and medium sized enterprises to date, across European and North American markets. Their latest facility will further their capacity to serve global markets.
Our established relationship with Beequip on previous private securitisations has seen us appointed to continue our back-up servicing support on this latest exciting deal.
We’re thrilled to be supporting Beequip on their latest securitisation. Partnering with an innovative company like Beequip is a fantastic opportunity for Lenvi. The drivers behind this global public deal aligns perfectly with our global proposition and our shared vision of how assets can be financed effectively on an international scale.
Owain Chambers, Director of Capital Markets Sales - Lenvi
Lenvi’s Capital Markets team has truly lived up to its strong reputation in the market. Their understanding of our differentiating “equipment first” mindset and ability to quickly connect to our in-house developed digital systems have been essential to give our funders the comfort they seek, and sets a new standard in the back-up servicing industry.
Bas Bennebroek, Chief Financial Officer - Beequip
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