123 Lease
Mexico-based private leasing company founded in 2014 that provides automobile leasing services and bespoke leasing solutions for productive assets (equipment, machinery) to business clients. Operates with 11–50 employees and raised $30M in 2023.
- Company typePrivate
- Founded2014
- HeadquartersMexico City, Mexico
- Headcount11–50
- GTM typeB2B
- OfferingServices
What 123 Lease does
123 Lease is a Mexico-based private financial services company founded in 2014 that provides automobile leasing services alongside bespoke leasing solutions for productive assets such as equipment or machinery used in business operations. The company is headquartered in Chapultepec, Mexico, and operates with a small team (11–50 employees) serving clients who require vehicle access or productive-asset financing without outright purchase. The "bespoke solutions" positioning suggests a degree of customization for commercial clients with specialized asset needs, distinguishing 123 Lease from mass-market auto leasing competitors.
The business model is built on leasing spreads — earning the differential between the cost of capital on financed vehicles/assets and the lease payments collected from end users, plus ancillary fees on bespoke productive-asset deals. The company raised $30,000,000 in a September 2023 round led by Emso Asset Management, an investor known for specialty credit and asset-backed structures, indicating 123 Lease likely operates with leverage or structured credit facilities supporting its lease book rather than purely equity-funded originations. Customer segments, pricing tiers, distribution channels, technology stack, and management team are not disclosed in the available source material; the company's own website (123lease.mx) returned only a verification/waiting page during data collection, leaving the operating model substantially under-documented.
123 Lease firmographics
Firmographics- Name
- 123 Lease
- Website
- https://123lease.mx
- Company type
- Private
- Founded year
- 2014
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- Mexico-based private leasing company founded in 2014 that provides automobile leasing services and bespoke leasing solutions for productive assets (equipment, machinery) to business clients. Operates with 11–50 employees and raised $30M in 2023.
- Ownership category
- akta.pro rank
123 Lease industry classification
Industry- Product category
- Vehicle Leasing Services
- NAICS
- Passenger Car Leasing (532112), Automotive Equipment Rental and Leasing (5321), Commercial and Industrial Machinery and Equipment Rental and Leasing (5324)
- SIC
- Services-Auto Rental & Leasing (No Drivers) (7510)
- akta.pro primary industry
- Corporate/Enterprise Car Leasing (Closed-End/Open-End) (TLABAAAA)
- akta.pro secondary industry
- Long-Term Car Rental (Monthly/Extended Hire) (TLABAAAD)
Keywords
Where 123 Lease is headquartered
LocationHeadquarters
- HQ city
- Mexico City
- HQ country
- Mexico
- HQ region
- Latin America
Markets served
123 Lease business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Operations, Personnel, Technology or R&D, Marketing or Sales
123 Lease product offering
Product offeringCore offering
123 Lease provides automobile leasing services to customers in Mexico, alongside bespoke leasing solutions for productive assets such as equipment and vehicles used by businesses. The company structures lease agreements tailored to client operational needs.
Differentiator
Problem solved
Functional benefit
Products and services
- Automobile Leasing
- Productive Asset Leasing Solutions
Companies that use 123 Lease
Customer profileIdeal customer profiles1 record
123 Lease technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
123 Lease partnerships and signals
Strategic signalRecent moves1 record
Expansion highlights1 record
123 Lease competitors and assessment
Company assessmentBroad incumbents
- ALD Automotive (Ayvens Mexico): Global corporate fleet leasing giant (now part of Ayvens / Societe Generale) with material Mexico operations. Compares to 123 Lease as a direct provider of long-term vehicle leasing and fleet management to corporates, but at vastly greater scale and balance-sheet capacity.
- Element Fleet Management: One of the world's largest pure-play fleet management and vehicle leasing companies. Comparable to 123 Lease in serving corporate fleet lessees with multi-year contracts, while also offering end-to-end fleet services at a much larger scale.
- LeasePlan (now Ayvens): Global Car-as-a-Service and vehicle leasing leader, merged into Ayvens. Comparable to 123 Lease on long-term corporate auto leasing and remarketing of used vehicles, with much broader geographic and product reach.
- Hertz Mexico: Major rental and leasing operator in Mexico offering short- and long-term rentals plus corporate leasing. Overlaps with 123 Lease on passenger vehicle leasing in Mexico, though focused more on rentals than productive-asset financing.
- Caterpillar Financial Services Mexico: OEM captive financier leasing heavy equipment and productive assets in Mexico. Comparable to 123 Lease on the productive-asset side, competing for the same SME / contractor customers on equipment lease terms.
Direct peers
- Unifin Financiera: Mexican independent leasing and financial services company providing operating leases for vehicles, equipment, and productive assets to SMEs and corporates. Closest direct domestic peer to 123 Lease given overlapping Mexico footprint, multi-product (auto + equipment) leasing model, and SME customer orientation.
Regional players
- Arrendadora Actinver / Banco Actinver: Mexican financial group with leasing (arrendamiento) operations providing vehicle and equipment leasing to corporates and SMEs in Mexico. Comparable to 123 Lease in product scope (auto + productive assets) and target customer, with the additional backing of a bank balance sheet.
Emerging players
- Vinte (Viviendas Interiores): Mexican asset/finance-adjacent firm with exposure to equipment and asset-backed financing. Less directly comparable, but illustrative of the broader Mexican niche asset-finance competitive set that overlaps with productive-asset leasing demand.
Market position
Strengths4 records
Weaknesses4 records
Competitive moat1 record
Key risks5 records
Key highlights5 records
Customer concentration
123 Lease social profiles
Digital presence123 Lease financial estimates
Financial estimateRevenue estimate
Valuation estimate
123 Lease leadership team
Management profileNumber of profiles
123 Lease funding detail
Funding detailFunding overview
Funding rounds1 record
Investors1 record
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
123 Lease 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 123 Lease
What does 123 Lease do?
123 Lease provides automobile leasing services to customers in Mexico, alongside bespoke leasing solutions for productive assets such as equipment and vehicles used by businesses. The company structures lease agreements tailored to client operational needs.
When was 123 Lease founded?
123 Lease was founded in 2014. It employs 11 to 50 people.
Where is 123 Lease based?
123 Lease is headquartered in Mexico City, Mexico, in the Latin America region.
Who are 123 Lease's main competitors?
Broad incumbents on record are ALD Automotive (Ayvens Mexico), Element Fleet Management, LeasePlan (now Ayvens), Hertz Mexico and Caterpillar Financial Services Mexico. Unifin Financiera is listed as a direct peer. Arrendadora Actinver / Banco Actinver is listed as a regional player. Vinte (Viviendas Interiores) is listed as an emerging player.
Does 123 Lease have an API?
No public API is recorded for 123 Lease.
What industry is 123 Lease in?
123 Lease's product category is Vehicle Leasing Services. Its primary akta.pro industry code is TLABAAAA, Corporate/Enterprise Car Leasing (Closed-End/Open-End), with a secondary code of TLABAAAD, Long-Term Car Rental (Monthly/Extended Hire). Its NAICS code is 532112 and its SIC code is 7510.