LeaseProcess
- Company typePrivate
- Founded2000
- HeadquartersArvada, United States
- Headcount1–10
- GTM typeB2B
- OfferingServices
LeaseProcess firmographics
Firmographics- Name
- LeaseProcess
- Legal name
- VestCapital, LLC
- Website
- https://leaseprocess.com
- Company type
- Private
- Founded year
- 2000
- Operating status
- Operating
- Headcount range
- 1–10 employees
- Ownership category
- akta.pro rank
LeaseProcess industry classification
Industry- Product category
- Equipment Leasing and Financing
- NAICS
- Commercial and Industrial Machinery and Equipment Rental and Leasing (5324), Other Commercial and Industrial Machinery and Equipment Rental and Leasing (53249)
- SIC
- Finance Lessors (6172), Services-Equipment Rental & Leasing, Nec (7359)
- akta.pro primary industry
- Equipment & Tool Leasing (Consumer) (FSAKANAF)
Keywords
Where LeaseProcess is headquartered
LocationHeadquarters
- HQ city
- Arvada
- HQ country
- United States
- HQ region
- North America
Offices1 record
Markets served
LeaseProcess business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Operations, Technology or R&D, Marketing or Sales, Infrastructure
Revenue model
- Equipment Leasing: LeaseProcess provides equipment leasing solutions with terms of 12-60 months, offering fair market value buy-out options and custom payment schedules for seasonal businesses. Revenue is generated through lease payments including interest and fees.
- Equipment Financing: Equipment financing solutions allowing businesses to purchase equipment with financing up to $500,000 under Tax Code Section 179. Revenue generated through financing arrangements and associated fees.
- Working Capital Loans: Working capital financing up to $250,000 for small to mid-sized companies, approved based on consistent company revenues. Fast funding within days.
- Consumer Equipment Leasing: Consumer equipment leasing up to $35,000 without tax returns or income documents, targeting business partners who want to lease outside the company.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Other | Monthly | Equipment Financing up to $500,000 with 12-60 month terms |
| Usage-based | Monthly | Working Capital up to $250,000 |
| Other | Monthly | Consumer Equipment Leasing up to $35,000 |
| Other | Pay-as-you-go | Application-Only Credit Approval up to $100,000 |
Go-to-market motion2 records
Distribution channels4 records
Marketing channels3 records
LeaseProcess product offering
Product offeringCore offering
LeaseProcess provides equipment leasing and financing solutions to small and mid-sized businesses, including start-ups that are often declined by traditional banks. Core offerings include equipment leasing with 12-60 month terms (zero down, 90 days deferred payments, and seasonal custom schedules), equipment financing up to $500,000 under Tax Code Section 179, consumer equipment leasing up to $35,000 without income documentation, and working capital loans up to $250,000 based on consistent company revenues.
Product overview
LeaseProcess is an equipment leasing and financing company offering a suite of financial products for businesses and consumers. The core offerings include Equipment Financing (for purchasing equipment with potential Tax Code Section 179 benefits), Equipment Leasing (with flexible terms and payment options), Consumer Equipment Leasing (for individual applicants), and Working Capital loans (up to $250,000). Supporting tools include a Quick Quote calculator and Payment Calculator. The company, founded in June 2000 and headquartered in Arvada, Colorado, serves various industries including restaurants, fitness clubs, medical practices, automotive shops, construction, and more.
Differentiator
Problem solved
Functional benefit
Products and services
- Equipment Financing Equipment financing service for businesses to purchase equipment while managing cash flow and preserving credit lines. Offers Tax Code Section 179 benefits on qualified purchases up to $500,000, with terms of 12-60 months, zero down payment options, and over 100% financing covering soft costs, delivery, and installation.
- Equipment Leasing Equipment leasing service offering flexible 12 to 60 month terms with options including zero down, 90 days deferred payments, fair market value buy-out options, and custom payment schedules tailored for seasonal businesses. Designed for small and mid-sized businesses and start-ups that need equipment access without major cash outlay.
- Consumer Equipment Leasing Consumer equipment leasing service providing approval up to $35,000 without requiring tax returns or income documents. Targets individuals including business partners who want to lease equipment outside the business when business credit is constrained or partners prefer not to personally guarantee.
- Working Capital Working capital loans of up to $250,000 for small to mid-sized companies. Approval is based on consistent company revenues with a streamlined application requiring six months of bank statements and the most recent year-end tax return; funds are transferred within three business days of approval.
Quantifiable outcome
- Up to $100,000 approval within hours without financial statements
- +4 more outcomes
Companies that use LeaseProcess
Customer profileNamed customers4 records
Segments5 records
Ideal customer profiles2 records
LeaseProcess technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature3 records
LeaseProcess partnerships and signals
Strategic signalPartnerships
Four partnerships are on record, tiered core and minor.
- Equipment Vendors (General)coreLeaseProcess partners with equipment vendors who offer financing options to their customers. Vendors receive custom web link applications for their websites, same-day e-signature processing, prefunding for approved vendors, and national accounts programs with proprietary database reporting. Cooperative marketing and advertising campaigns are also offered.
- Zebra (Equipment Vendor)minorZebra is an equipment vendor whose website offers LeaseProcess as a financing option. A customer testimonial mentions shopping on the Zebra website and choosing LeaseProcess for financing to build business credit.
- Master Pitching MachineminorEquipment vendor who sells pitching machines. Customer DA Baseball used LeaseProcess to lease equipment from this vendor. The transaction was described as smooth with minimal paperwork.
- Gym Starters / gymstarters.comminorBAMPSCO International Inc operates gymstarters.com as a new gym specialist helping people open gyms with commercial gym equipment. They recommend Richard Wilmarth at Lease Process for customer financing needs.
Scale indicators4 records
Recent moves5 records
Expansion highlights3 records
LeaseProcess competitors and assessment
Company assessmentBroad incumbents
- OnDeck: OnDeck provides online short-term lending and lines of credit to small businesses. As an established fintech SMB lender, it competes for the same working capital and equipment-financing customer base.
- BlueVine: BlueVine is a digital SMB financing platform offering working capital, lines of credit, and term loans. It competes with LeaseProcess's working capital product while serving a broader SMB market.
- Funding Circle: Funding Circle is a major SMB lending marketplace operating in the U.S., competing for small business financing demand that overlaps with LeaseProcess's customer base.
- Biz2Credit: Biz2Credit is an SMB financing marketplace connecting borrowers to banks and alternative lenders. It overlaps with LeaseProcess in serving SMBs seeking financing outside traditional banks.
Direct peers
- Balboa Capital: Balboa Capital provides equipment leasing, working capital, and vendor financing to SMBs in the U.S. Its product set, customer segment, and vendor channel program closely parallel LeaseProcess.
- Direct Capital Corporation: Direct Capital is an equipment financing and leasing company serving small and mid-sized businesses across the U.S. It offers equipment leases, loans, and vendor financing programs - directly overlapping LeaseProcess's core products and target market.
- Currency Capital: Currency Capital operates an equipment financing marketplace aggregating lessor options for businesses, competing for the same SMB customer that LeaseProcess underwrites directly.
- Crest Capital: Crest Capital specializes in equipment financing and leasing for U.S. businesses, with flexible credit guidelines and industry-specific programs - a direct SMB equipment leasing peer.
- NFS Leasing: NFS Leasing provides equipment leasing solutions to SMBs and vendors with flexible structures, including start-up-friendly approvals, closely matching LeaseProcess's positioning.
Emerging players
- Fundbox: Fundbox is a digital SMB working capital and invoice financing provider. It overlaps with LeaseProcess's working capital product but competes through a purely digital underwriting model.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat3 records
Key risks6 records
Key highlights6 records
Customer concentration
LeaseProcess financial estimates
Financial estimateRevenue estimate
Valuation estimate
LeaseProcess leadership team
Management profileNumber of profiles
Profiles2 records
LeaseProcess funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
LeaseProcess 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 LeaseProcess
What does LeaseProcess do?
LeaseProcess provides equipment leasing and financing solutions to small and mid-sized businesses, including start-ups that are often declined by traditional banks. Core offerings include equipment leasing with 12-60 month terms (zero down, 90 days deferred payments, and seasonal custom schedules), equipment financing up to $500,000 under Tax Code Section 179, consumer equipment leasing up to $35,000 without income documentation, and working capital loans up to $250,000 based on consistent company revenues.
Is LeaseProcess a public or private company?
LeaseProcess is a private company. It is classified as founder individual operated bootstrapped and is currently operating.
When was LeaseProcess founded?
LeaseProcess was founded in 2000. It employs 1 to 10 people.
Where is LeaseProcess based?
LeaseProcess is headquartered in Arvada, United States, in the North America region.
How does LeaseProcess make money?
Four revenue lines are on record. Equipment Leasing is the primary driver. The others are equipment Financing, working Capital Loans and consumer Equipment Leasing.
Who are LeaseProcess's main competitors?
Broad incumbents on record are OnDeck, BlueVine, Funding Circle and Biz2Credit. Direct peers are Balboa Capital, Direct Capital Corporation, Currency Capital, Crest Capital and NFS Leasing. Fundbox is listed as an emerging player.
Does LeaseProcess have an API?
No public API is recorded for LeaseProcess.
What industry is LeaseProcess in?
LeaseProcess's product category is Equipment Leasing and Financing. Its primary akta.pro industry code is FSAKANAF, Equipment & Tool Leasing (Consumer). Its NAICS code is 5324 and its SIC code is 6172.