What Liqui.do does

Liqui.do (legal entity Liqui.do, S.A., headquartered in Lisbon, Portugal) is a B2B digital platform that provides equipment renting solutions to small and medium enterprises (PMEs/SMEs) in Portugal and Spain. Founded in 2015 as Candor - Renting de Equipamentos S.A. and rebranded to Liqui.do in 2018, the company operates across 15+ equipment categories including IT, medical, dental, fitness, security, audiovisual, construction, agricultural, hospitality, and POS systems. The platform uses proprietary automated approval algorithms to deliver rental decisions in minutes without document submission, combined with a fully digital contracting workflow (e-signature, NIF-based instant approval) that differentiates it from traditional leasing processes.

The business model is subscription-recurring: customers receive 100% equipment financing with no initial entry payment, fixed monthly rentals over contracts ranging from 12 months to 7 years, and payments that are 100% tax-deductible in Portugal (IVA and IRC). Revenue is generated through the spread between equipment acquisition cost and total rental payments over the contract term, augmented by a Rent Back service that allows companies to sell existing equipment to Liqui.do and continue using it via rental. Distribution is multi-channel: a digital self-serve platform (app.liqui.do), a partner/reseller network of 800+ certified equipment suppliers, and inside sales/field sales teams across Portugal and Spain.

Liqui.do's go-to-market targets SMEs underserved by traditional bank credit, combining a self-serve digital front-end with channel partnerships. The company secured a €150 million debt facility from Goldman Sachs Private Capital in 2019 (€50M immediately available) to fund growth and international expansion, and reports approximately 6,000 customers with €30M in total assets as of 2018, representing 150% year-over-year growth. Headcount stands at 51–100 employees, with leadership including Founder/CEO Sérgio Nunes, Director of Operations José Capitão, and Financial Director João Chaves.

Name

Liqui.do

Legal name

Liqui.do, S.A.

Website

https://liqui.do

Company type

Private

Founded year

2015

Operating status

Operating

Headcount range

51–100 employees

Short description

Liqui.do is a Portuguese B2B digital platform that rents business equipment to small and medium enterprises across Portugal and Spain. Through proprietary automated approval algorithms and a network of 800+ certified suppliers, it delivers 100%-financed, tax-deductible fixed monthly rentals across 15+ equipment categories.

Ownership category

akta.pro rank

Product category

Equipment Leasing Services

NAICS

Commercial and Industrial Machinery and Equipment Rental and Leasing (5324), Office Machinery and Equipment Rental and Leasing (532420)

SIC

Services-Equipment Rental & Leasing, Nec (7359), Services-Computer Rental & Leasing (7377)

akta.pro primary industry

B2B / Invoice-Based BNPL (Trade Credit at Checkout) (FSAGAIAC)

akta.pro secondary industries

B2B Marketplaces & Wholesale Platforms (BPAMAGAD), P2P Small Business / SME Marketplace Lending (FSAKAHAC)

Keywords

• Equipment leasing services
• B2B equipment rental
• SME financing solutions
• Rent back services
• Digital leasing platform

Headquarters

HQ city

Lisbon

HQ country

Portugal

HQ region

Europe

Offices4 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Supply Chain, Technology or R&D, Operations, Marketing or Sales, Others

Revenue model

1. Equipment Rental Payments: Recurring monthly rental payments from SMEs for equipment leasing. Contracts typically range from 12 months to 7 years with fixed monthly payments. Revenue is generated through the spread between equipment acquisition cost and total rental payments over the contract term.
2. Rent Back Services: Companies sell their existing equipment to Liqui.do and lease it back, paying monthly rentals. This provides immediate liquidity to customers while generating rental revenue.
3. Partner Platform Services: Platform services for equipment resellers who channel rentals to end customers, with risk assumed by Liqui.do

Pricing tiers

Go-to-market motion3 records

Distribution channels4 records

Marketing channels6 records

Core offering

Liqui.do operates a B2B equipment renting platform that enables small and medium enterprises (SMEs) in Portugal and Spain to access business equipment without upfront capital investment. Through a fully digital self-serve platform, customers receive automated approval decisions in minutes, finance 100% of equipment value with fixed monthly payments, and access a broad catalog spanning IT, medical, fitness, hospitality, construction, and other equipment categories. The company also offers a partner portal for equipment resellers and a rent-back service that allows SMEs to sell existing equipment to Liqui.do and lease it back for immediate liquidity.

Product overview

Liqui.do operates a B2B equipment renting platform for small and medium enterprises (SMEs/PMEs) across Portugal and Spain. The core platform enables businesses to access equipment without upfront investment through fixed monthly rentals that are 100% tax-deductible. The portfolio includes 15+ equipment categories spanning IT/technology, security, fitness, textile, audiovisual, medical, printing, POS systems, agricultural, construction, dental, hotel/hospitality, aesthetic, electric forklifts, energy efficiency, workshop, and software. The company also offers a Partner Portal for equipment resellers to submit customer applications and a Rent Back service for businesses to sell existing equipment for immediate liquidity. All transactions are fully digital with automated approval decisions.

Differentiator

Problem solved

Functional benefit

Products and services

• Equipment Renting Platform B2B equipment renting platform for SMEs offering fixed monthly rentals with 100% financing, no initial payment, and 100% tax deductibility across categories including IT, medical, fitness, hospitality, construction, agricultural, and security equipment.
• Partner Portal
• Rent Back Service Service that enables businesses to sell existing equipment to Liqui.do and continue using it via a rental agreement, providing immediate liquidity while preserving operations.

Quantifiable outcome

• Equipment financing approval in minutes vs. traditional leasing processes taking days/weeks
• +3 more outcomes

Named customers5 records

Segments6 records

Ideal customer profiles2 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature4 records

Partnerships

Two partnerships are on record, tiered minor and core.

• WHITEminorStrategic or Co-development PartnerWHITE, a consulting and analysis company founded in 2000, created their own renting offering in 2005 and partnered with Liqui.do to expand their SME customer base. The partnership allows WHITE to offer equipment renting to their customers through Liqui.do's platform and financing capabilities.
• 800+ Certified Equipment SupplierscoreOthersExtensive network of 800+ certified equipment suppliers across various categories including IT, security, fitness, textile, audiovisual, medical, printing, agricultural, construction, hospitality, esthetics, dental, and warehouse equipment. These suppliers provide equipment to Liqui.do which then leases to end customers.

Scale indicators6 records

Recent moves8 records

Expansion highlights6 records

Emerging players

• Iwoca: European digital lender serving SMEs with fast, flexible credit lines and term loans. Comparable to Liqui.do in targeting underserved European SMEs with faster, more flexible financing than traditional banks, though focused on general working capital rather than equipment.
• Hokodo: European B2B trade credit and BNPL platform offering invoice-based financing at checkout for SMBs, including equipment purchases. Overlaps with Liqui.do's B2B point-of-sale financing model and SME target segment, though broader in use case.
• Billie: Berlin-based B2B BNPL provider offering invoice-based financing to SMBs at checkout through partners. Comparable to Liqui.do's B2B trade credit and partner-channel model, with similar fast-approval digital UX aimed at European SMEs.

Broad incumbents

• BNP Paribas Leasing Solutions: Large European equipment finance arm of BNP Paribas, offering leasing and rental solutions across multiple asset classes to businesses. A scaled incumbent in the same equipment leasing space Liqui.do targets, with stronger funding access and broader geographic coverage.
• Société Générale Equipment Finance: Equipment finance subsidiary of Société Générale providing leasing solutions across Europe. Competes in the same Iberian and broader European equipment leasing market as Liqui.do but with bank balance-sheet funding and full-service offering.
• DLL (De Lage Landen): Global B2B equipment finance vendor with deep vendor and reseller partnerships across multiple asset categories. Operates the same B2B equipment leasing model as Liqui.do but at vastly greater scale, with established supplier network economics that Liqui.do is seeking to replicate.
• Siemens Financial Services: Captive equipment financier for Siemens and third-party equipment vendors. Operates in the same equipment leasing category as Liqui.do with deep vendor partnerships and balance-sheet scale, though focused primarily on industrial and technology assets.

Others

• Caterpillar Financial Services: Captive equipment financier supporting Caterpillar dealers and customers with leases and loans on construction and industrial equipment. Touches the construction/industrial equipment vertical that Liqui.do also serves, though with a vendor-tied and globally scaled model.

Direct peers

• Clicklease: US-based digital B2B equipment financing platform providing fast lease/loan approvals to small businesses through a partner and direct channel. Closely mirrors Liqui.do's combination of digital self-serve approval and equipment reseller partnerships.
• Grenke AG: German-listed specialist in B2B equipment leasing for SMEs, with a digital-first origination model and a broad equipment category portfolio. Closest direct comparable to Liqui.do's SME equipment rental model, with greater geographic reach but a similar customer profile and contract structure.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights7 records

Customer concentration

Revenue estimate

Valuation estimate

Number of profiles

Profiles3 records

Funding overview

Funding rounds1 record

Investors1 record

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Liqui.do