Capteris
Capteris, LLC is a private credit equipment finance platform that originates mid- and large-ticket leases, loans, refinances, and asset-backed debt for mid-market companies, large corporations, and financial sponsors across the United States and Canada.
- Company typePrivate
- Founded2022
- HeadquartersDes Plaines, United States
- Headcount11–50
- GTM typeB2B
- OfferingServices
What Capteris does
Capteris, LLC is a private credit equipment finance platform founded in 2022 and headquartered in Shelton, Connecticut, with an additional office in the New York area. The company originates mid- and large-ticket equipment leases, loans, sale leasebacks, refinances, and asset-backed debt solutions for mid-market companies, large corporations, financial sponsors (private equity and their portfolio companies), and capital markets partners across diverse industries and asset types in North America (United States and Canada). Deal sizes typically start at $5 million and are priced on a quote-based, multi-year contract basis customized to each transaction.
The product suite spans Fair Market Value Lease, TRAC Lease, Early Buy-Out Lease, First Amendment Lease, Sale Leaseback, Finance Lease, direct Loans, Refinance, Asset-backed Debt, and Asset-backed Securitization, with a Capital Markets/Syndication channel that allows banking partners to leverage Capteris' balance sheet while retaining client relationships. The operating model is direct origination led by Managing Directors and senior originators, supported by a $350 million credit facility with Truist Bank and Bank of America, and a programmatic ABS issuance franchise that has produced two rated securitizations totaling $692 million ($255 million in 2024 and $437 million in 2026), both oversubscribed.
Capteris is owned by funds managed by Apollo Global Management, with co-investment from MidCap Financial and Wheels (both Apollo-affiliated), and runs on LTi Technology Solutions' ASPIRE cloud platform for lease and loan management. Since launch the company has originated over $1.5 billion in lease and loan volume, manages more than $850 million in assets, and reports no credit losses. The revenue model is primarily spread-based (equipment leasing and loans), supplemented by transaction fees on refinances, asset-backed debt, and ABS structuring and placement.
Capteris firmographics
Firmographics- Name
- Capteris
- Legal name
- Capteris, LLC
- Website
- https://capteriscapital.com
- Company type
- Private
- Founded year
- 2022
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- Capteris, LLC is a private credit equipment finance platform that originates mid- and large-ticket leases, loans, refinances, and asset-backed debt for mid-market companies, large corporations, and financial sponsors across the United States and Canada.
- Ownership category
- akta.pro rank
Capteris industry classification
Industry- Product category
- Equipment Finance
- NAICS
- Sales Financing (52222), Credit Intermediation and Related Activities (522)
- SIC
- Finance Lessors (6172), Asset-Backed Securities (6189)
- akta.pro primary industry
- Private Credit / Direct Lending (FSAAAHAG)
- akta.pro secondary industry
- Senior Secured Direct Lending (FSANADAA)
Keywords
Where Capteris is headquartered
LocationHeadquarters
- HQ city
- Des Plaines
- HQ country
- United States
- HQ region
- North America
Offices2 records
Markets served
Capteris business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Operations, Technology or R&D, Marketing or Sales
Revenue model
- Equipment Leasing: Provides Fair Market Value Lease, Early Buy-out Lease, TRAC Lease, First Amendment Lease, Sale Leaseback, and Finance Lease products for mid-market and large corporate equipment financing.
- Equipment Loans: Direct loan products for equipment financing with flexible terms and structures.
- Refinance and Asset-backed Debt Solutions: Refinancing solutions and asset-backed debt products secured by specific equipment assets.
- Asset-backed Securitization: Issuance of asset-backed securities (ABS) collateralized by equipment lease and loan portfolios, such as the $255M inaugural ABS in 2024 and $437M second ABS in 2026.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Other | Multi-year contract | Mid-to-Large Ticket Equipment Finance |
Go-to-market motion2 records
Distribution channels3 records
Marketing channels4 records
Capteris product offering
Product offeringCore offering
Capteris provides private credit equipment finance solutions including Fair Market Value Leases, TRAC Leases, Early Buy-Out Leases, First Amendment Leases, Sale Leasebacks, Finance Leases, direct Loans, Refinance, and Asset-backed Debt for mid-market companies, large corporations, financial sponsors, and capital markets partners across diverse asset types and industries, typically with deal sizes of $5 million and up. The platform also executes asset-backed securitizations and offers syndication and buy-desk capital markets services for bank and non-bank partners.
Product overview
Capteris is a private credit equipment finance platform offering a unified suite of financing solutions. The platform provides large-ticket equipment leases and loans targeting mid-market, large corporate, and financial sponsor segments. Core products include Fair Market Value Lease (FMV), TRAC Lease, Early Buy-Out Lease (EBO), First Amendment Lease, Sale Leaseback, Finance Lease, Loans, Refinance, and Asset-backed Debt solutions. The company also offers Asset-backed Securitization (ABS) products and Capital Markets/Syndication services. Operations are powered by LTi's ASPIRE cloud technology platform for managing financial products and data-driven decision making.
Differentiator
Problem solved
Functional benefit
Products and services
- Fair Market Value Lease (FMV) Life-cycle management of assets with flexibility and end-of-term optionality; used for titled vehicles where the customer expects to purchase at the end of the term.
- TRAC Lease Lease structure similar to FMV Lease with a fixed purchase option prior to end of term, typically used for long-life asset classes.
- Early Buy-Out Lease (EBO) Capital lease structure with a bargain purchase option at the end of the term.
- First Amendment Lease Lease structure that allows for amendments to original lease terms during the contract period.
- Sale Leaseback Term debt secured by specific assets that allows companies to monetize existing equipment by selling it to Capteris and leasing it back.
- Finance Lease Provides debt and/or lease options against existing capital equipment, with the ability to acquire assets at end of term.
- Equipment Loan Direct lending solutions secured by equipment assets for capital needs.
- Refinance Term debt solutions secured by specific assets to help companies restructure existing equipment financing.
- Asset-backed Debt Debt solutions backed by equipment collateral, providing financing flexibility for capital-intensive companies.
- Asset-backed Securitization (ABS) Structured financing product that packages equipment leases and loans into securities for capital markets investors; inaugural CPTRS2024-1 ($255M) and Series 2026-1 ($437M) rated by Morningstar DBRS.
- Capital Markets / Syndication Enables deal syndication and buy-desk opportunities, allowing bank and non-bank partners to leverage Capteris' balance sheet capabilities while maintaining their client relationships.
Quantifiable outcome
- 200% year-over-year increase in funded volume in Q1/24
- +2 more outcomes
Companies that use Capteris
Customer profileNamed customers10 records
Segments3 records
Ideal customer profiles3 records
Capteris technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature1 record
Capteris partnerships and signals
Strategic signalPartnerships
Two partnerships are on record, tiered major and core.
- Morningstar DBRSmajorCredit rating agency providing ratings analysis for Capteris' asset-backed securitizations including stressed cumulative net loss rates and credit enhancement levels for each tranche.
- LTi Technology SolutionscoreTechnology partnership using LTi's ASPIRE cloud platform for lease and loan technology. The platform provides Capteris with ability to tap into expansive data and resources for swift and accurate decisions, as well as manage all distinct financial products.
Scale indicators10 records
Recent moves7 records
Expansion highlights5 records
Capteris competitors and assessment
Company assessmentDirect peers
- Wingspire Equipment Finance: Apollo-affiliated equipment finance platform launched to serve middle-market and large corporate obligors with leases and loans. Closest direct peer given shared Apollo backing, similar target market, and comparable product set.
- SLR Equipment Finance: Direct lender providing equipment finance and asset-based lending solutions to middle-market companies across North America. Highly comparable in segment, deal size range, and sponsor coverage focus.
- NFS Leasing: Specialty equipment lessor serving middle-market and large corporate customers with direct lease and loan products. Comparable customer profile and mid-to-large ticket deal focus.
- Stonebriar Commercial Finance: Private commercial finance company offering equipment leasing, vendor finance, and structured capital solutions. Overlaps with Capteris in mid-market equipment finance and asset-backed debt offerings.
- PEAC Solutions (formerly Pacific Rim Capital): Specialty equipment finance platform focused on middle-market leases and loans across multiple asset classes. Closely comparable in deal size, customer profile, and sponsor-driven deal flow.
Broad incumbents
- MidCap Financial: Apollo-affiliated specialty finance firm providing senior debt solutions to middle-market companies with $42B+ in commitments. Operates as both partner and adjacent competitor in middle-market lending.
- DLL (De Lage Landen): Global asset finance provider offering equipment leasing and vendor finance programs. Directly competes for large-ticket equipment deals across multiple asset classes similar to Capteris.
- BMO Equipment Finance: Bank-affiliated equipment finance division providing leases and loans to mid-market and large corporate customers. Capital markets and syndication capabilities overlap with Capteris's offering.
- Wells Fargo Equipment Finance: Bank-owned equipment finance business serving middle-market and large corporate clients across diverse asset types. Key competitor for sponsor-backed equipment finance opportunities.
Regional players
- Truist Equipment Finance: Bank-affiliated equipment finance business providing leases and structured capital solutions primarily in the U.S. Southeast. Truist is also Capteris's credit facility partner, illustrating overlapping customer bases.
Market position
Strengths4 records
Weaknesses4 records
Competitive moat5 records
Key risks6 records
Key highlights6 records
Customer concentration
Capteris social profiles
Digital presenceCapteris financial estimates
Financial estimateRevenue estimate
Valuation estimate
Capteris leadership team
Management profileNumber of profiles
Profiles8 records
Capteris funding detail
Funding detailFunding overview
Funding rounds1 record
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Capteris M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Capteris
What does Capteris do?
Capteris provides private credit equipment finance solutions including Fair Market Value Leases, TRAC Leases, Early Buy-Out Leases, First Amendment Leases, Sale Leasebacks, Finance Leases, direct Loans, Refinance, and Asset-backed Debt for mid-market companies, large corporations, financial sponsors, and capital markets partners across diverse asset types and industries, typically with deal sizes of $5 million and up. The platform also executes asset-backed securitizations and offers syndication and buy-desk capital markets services for bank and non-bank partners.
Is Capteris a public or private company?
Capteris is a private company. It is classified as private equity controlled and is currently operating.
When was Capteris founded?
Capteris was founded in 2022. It employs 11 to 50 people.
Where is Capteris based?
Capteris is headquartered in Des Plaines, United States, in the North America region.
How does Capteris make money?
Four revenue lines are on record. Equipment Leasing is the primary driver. The others are equipment Loans, refinance and Asset-backed Debt Solutions and asset-backed Securitization.
Who are Capteris's main competitors?
Direct peers on record are Wingspire Equipment Finance, SLR Equipment Finance, NFS Leasing, Stonebriar Commercial Finance and PEAC Solutions (formerly Pacific Rim Capital). Broad incumbents are MidCap Financial, DLL (De Lage Landen), BMO Equipment Finance and Wells Fargo Equipment Finance. Truist Equipment Finance is listed as a regional player.
Does Capteris have an API?
No public API is recorded for Capteris.
What industry is Capteris in?
Capteris's product category is Equipment Finance. Its primary akta.pro industry code is FSAAAHAG, Private Credit / Direct Lending, with a secondary code of FSANADAA, Senior Secured Direct Lending. Its NAICS code is 52222 and its SIC code is 6172.