What Mazuma Capital does

Mazuma Capital Corp. is a privately held, direct-lender equipment financing company founded in 2005 by Justin Nielsen and headquartered in Draper, Utah. It provides equipment lease financing to mid-market and enterprise customers across multiple verticals, with disclosed transaction sizes ranging from roughly $1M to $539M and a stated $8B+ funded since inception. The company's product surface spans more than 20 lease structures — Operating, Capital, True, Tax, Non-Tax, Synthetic, Dollar Buyout, Fair Market Value, Progress Funding, Deferred Payment, Balloon, Sale-Leaseback, Step Payment, Seasonal, Collar, First Amendment, Early Buyout, Wrap, and Venture leases — enabling it to address atypical collateral, aged equipment, industries banks avoid (notably energy during downturns), and cross-border structuring.

The operating model combines an enterprise field sales motion with a relationship-driven Finance Committee that directly oversees strategic accounts, complemented by inside sales through website contact and phone channels. Revenue is generated via interest spreads, origination fees, and ancillary transaction fees on funded equipment, supported by diverse institutional, internal, and private capital pools that allow Mazuma to deliver capital independent of public-market conditions. The firm has indicated it can fund standard transactions in 3-5 business days, with documented cases of $10M funded in 3 days, $5.5M in 3 days, and $100M in 7 days for an enterprise customer.

Mazuma operates within the Onset Family of Companies, alongside Onset Financial (2014), CapTech Financial (2019), and Channel (acquired early 2024). The 2024 Channel transaction was characterized as the largest two-independent acquisition in equipment finance history, taking combined assets across the family to over $2B. The technology stack includes Onset Edge, a proprietary internal fintech platform developed by an in-house Development Team that supports documentation, credit, funding, and customer service; no AI/ML capabilities are disclosed. Verticals served include manufacturing, energy, healthcare, aviation, freight and transportation, hospitality, mining, lumber, agriculture, and fitness, with international financing demonstrated across the Americas, Europe, and Asia.

Name

Mazuma Capital

Legal name

Mazuma Capital Corp.

Website

https://mazumacapital.com

Company type

Private

Founded year

2005

Operating status

Operating

Headcount range

11–50 employees

Short description

Mazuma Capital is a private, direct-lender equipment financing company serving mid-market and enterprise customers across manufacturing, energy, healthcare, aviation, transportation, and other verticals with flexible lease structures and 3-5 business day funding timelines.

Ownership category

akta.pro rank

Product category

Equipment Financing

NAICS

Sales Financing (52222)

SIC

Finance Lessors (6172)

akta.pro primary industry

SME Equipment & Asset Finance (Leasing, Fleet, Capex) (FSABABAH)

akta.pro secondary industry

Equipment & Asset Finance (SME) (FSAKAGAF)

Keywords

• Equipment leasing services
• Commercial equipment finance
• Business lease financing
• Capital lease solutions
• Sale and leaseback

Headquarters

HQ city

Draper

HQ country

United States

HQ region

North America

Offices2 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales, Technology or R&D, Infrastructure

Revenue model

1. Equipment Leasing and Financing: Equipment financing through various lease structures including Operating Leases, Capital Leases, True Leases, and specialized structures. Generates revenue through interest spreads, origination fees, and transaction fees on financed equipment.
2. Diverse Capital Sources: Leverages institutional, internal, and private capital pools to guarantee capital delivery. Acts as direct lender independent of public markets, enabling flexible structuring.

Pricing tiers

Go-to-market motion2 records

Distribution channels3 records

Marketing channels4 records

Core offering

Mazuma Capital provides equipment financing and leasing services to businesses across multiple industries. Its core offering is direct equipment financing through a broad suite of lease structures (Operating Leases, Capital Leases, True Leases, Tax/Non-Tax Leases, Sale and Leaseback, Progress Funding, and 15+ other structures) tailored to customer credit profile, equipment type, and transaction requirements. The company funds transactions ranging from $1M to over $500M with rapid turnaround (as fast as 3-5 business days), serving mid-market and enterprise customers in manufacturing, energy, healthcare, aviation, transportation, and other verticals.

Product overview

Mazuma Capital is an equipment financing company offering a unified platform of financial services. The core product is equipment financing and leasing, supported by a comprehensive suite of lease structure options including Operating Leases, Capital Leases, True Leases, Tax Leases, Non-Tax Leases, Synthetic Leases, Dollar Buyout Leases, Fair Market Value Leases, Purchase Upon Termination Leases, Progress Funding Leases, Deferred Payment Leases, Balloon Payment Leases, Sale and Leaseback arrangements, Step Payment Leases, Seasonal Payment Adjustments, Collar Leases, First Amendment Leases, Early Buyout Leases, Wrap Leases, and Venture Leases. These products provide businesses with flexible capital access for equipment acquisition across diverse industries including manufacturing, energy, healthcare, aviation, transportation, and more.

Differentiator

Problem solved

Functional benefit

Brands

• Onset Edge: Proprietary fintech solution developed internally that increases operational efficiency and delivers a faster, more flexible customer experience.
• Onset Gives

Products and services

• Equipment Financing and Leasing Services Direct equipment financing and leasing for businesses needing capital to acquire equipment. Provides customized payment structures, off-balance-sheet treatment options, tax advantages through appropriate lease structuring, ability to fund soft costs and tenant improvements, and progress funding during equipment construction.
• Sale and Leaseback A transaction in which a business sells owned equipment to Mazuma Capital and immediately leases it back for continued use, freeing up working capital tied to existing equipment while retaining operational use of the assets.

Quantifiable outcome

• Funding as fast as 3 business days for urgent needs
• +4 more outcomes

Named customers20 records

Segments6 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature2 records

Partnerships

Three partnerships are on record, tiered core and minor.

• Channel (acquired)coreOthers · 1 January 2024Acquisition of Channel in early 2024 - the largest two-independent acquisition in equipment finance history. Forms one of the largest independent specialty finance platforms in the U.S. with over $2 billion in combined assets, combining mid-market and small-ticket capabilities.
• CapTech Financial (Onset Family of Companies)minorStrategic or Co-development Partner · 1 January 2019Formed CapTech Financial in 2019 to further expand the Onset Family of Companies reach and capabilities in equipment finance.
• Onset Financial (Onset Family of Companies)coreStrategic or Co-development Partner · 1 January 2014Founded the Onset Family of Companies in 2014 by partnering Onset Financial and Mazuma Capital, doubling production in one year. Forms the core of the company's equipment financing platform.

Scale indicators9 records

Recent moves9 records

Expansion highlights6 records

Emerging players

• Mint Equipment Finance: Digital-native equipment financier targeting small and mid-ticket deals with rapid online decisioning. Competes with Mazuma's small-ticket capability on speed, but lacks Mazuma's enterprise-scale structuring breadth.

Broad incumbents

• Siemens Financial Services: Captive equipment financier for industrial assets with a strong mid-market and enterprise leasing practice. Comparable to Mazuma on deal complexity and structured lease offerings, though operating as part of a larger balance sheet.
• CIT Group (now part of First Citizens): Large commercial bank with a substantial equipment finance vertical serving mid-market and enterprise customers. Comparable in deal size and vertical breadth but with a deposit-funded balance sheet and broader product portfolio.
• DLL (De Lage Landen): Global vendor-finance and equipment-leasing subsidiary of Rabobank, operating across multiple asset classes (agriculture, food, healthcare, construction, transportation). Comparable to Mazuma in asset class diversity and vendor relationships but with substantially larger balance sheet.
• Hitachi Capital America (now Mitsubishi HC Capital): Major independent equipment financier serving mid-market and enterprise customers across industries including manufacturing, healthcare, and transportation. Directly comparable transaction profiles and structured lease offerings.

Direct peers

• Taycor Financial: Independent equipment financing company focused on mid-market transactions across multiple verticals. Direct comparable in deal size, customer profile, and relationship-driven sales model.
• Channel: Acquired by Mazuma in early 2024 to form the Onset platform. Operates in small-ticket equipment leasing with vendor and direct channels — the most direct internal comp and benchmark for Mazuma's small-ticket capability post-deal.
• CapTech Financial: Third member of the Onset Family of Companies, focused on equipment finance. Closest internal peer sharing capital, leadership, and origination infrastructure with Mazuma.
• Onset Financial: Sister company within the Onset Family of Companies; provides equipment financing and leasing with overlapping product suite and shared capital pools. Directly comparable as the small-ticket counterpart to Mazuma's mid-market focus.
• National Equipment Finance: Independent commercial equipment finance broker and lessor serving mid-market customers across diverse industries. Comparable origination model and customer base, though operating more as a brokerage than a direct capital provider.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights8 records

Customer concentration

• Xx.com/MazumaCapital

Revenue estimate

Valuation estimate

Number of profiles

Profiles14 records

Subsidiaries3 records

Funding overview

Funding rounds

Investors

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 Mazuma Capital