Beequip raises €500 million through landmark equipment lease securitisation to support SME growth

With this transaction, the Rotterdam-based equipment specialist strengthens its capacity to help entrepreneurs access financing and grow their businesses.

“Access to financing remains a challenge for many entrepreneurs,” says Beequip CFO Bas Bennebroek. “This transaction enables us to support even more SMEs in financing the equipment they need to move forward.”

The transaction coincides with Beequip’s 10th anniversary. To date, the company has financed more than €4 billion worth of heavy equipment across the transport, construction, agricultural, and maritime sectors for clients in the Netherlands, Europe, and North America.

Beequip applies an “equipment first” approach, focusing on the value of the machinery and the entrepreneur’s plans rather than solely on a company’s financial statements. “This approach allows us to help entrepreneurs grow in a practical, scalable way,” adds Bennebroek. “With this new funding, we can expand our reach and continue providing fast, smart leasing solutions.”

The financing structure is also based on the “equipment first” principle, which earlier this year earned Beequip the Private Securitization Deal of the Year award at the GlobalCapital European Securitization Awards.

Beequip was advised by Paul Hastings and Simmons & Simmons. The transaction was arranged by BNP Paribas, BofA Securities, and Citigroup Global Markets as Joint Arrangers and Joint Lead Managers who were advised by Hogan Lovells, with Apollo Capital Solutions Europe acting as Co-Manager and Redding Ridge Asset Management as Structuring Agent.

About Beequip

Founded in 2015 and headquartered in Rotterdam, Beequip finances heavy equipment across construction, transport, agriculture, and maritime sectors. Combining sector expertise, fintech innovation, and an “equipment first” approach, Beequip enables entrepreneurs to achieve their growth ambitions.