Ileaseworks
- Company typePrivate
- Founded2010
- HeadquartersHutchinson, United States
- Headcount1–10
- GTM typeB2B
- OfferingServices
Ileaseworks firmographics
Firmographics- Name
- Ileaseworks
- Legal name
- iLeaseWorks, LLC
- Website
- https://ileaseworks.com
- Company type
- Private
- Founded year
- 2010
- Operating status
- Operating
- Headcount range
- 1–10 employees
- Ownership category
- akta.pro rank
Ileaseworks industry classification
Industry- Product category
- Medical Equipment Financing
- NAICS
- Commercial and Industrial Machinery and Equipment Rental and Leasing (5324)
- SIC
- Services-Equipment Rental & Leasing, Nec (7359)
- akta.pro primary industry
- Healthcare & Medical POS Financing (FSAKAFAI)
Keywords
Where Ileaseworks is headquartered
LocationHeadquarters
- HQ city
- Hutchinson
- HQ country
- United States
- HQ region
- North America
Offices1 record
Markets served
Ileaseworks business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Marketing or Sales, Operations, Technology or R&D
Revenue model
- Equipment Leasing and Financing: iLeaseWorks generates revenue through equipment leasing and financing arrangements for medical professionals and healthcare facilities. The company acts as an intermediary connecting borrowers with lenders, earning fees and interest on financing transactions.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Other | Pay-as-you-go | Custom financing programs tailored to individual customer needs |
Go-to-market motion3 records
Distribution channels3 records
Marketing channels4 records
Ileaseworks product offering
Product offeringCore offering
iLeaseWorks provides medical equipment leasing and financing solutions to healthcare professionals and equipment manufacturers/distributors, primarily serving the aesthetic industry. The company acts as an intermediary connecting borrowers with lenders, offering 100% purchase financing, same-day funding, deferred payment plans, Section 179 tax deduction expertise, and captive program management for medical equipment purchases.
Product overview
iLeaseWorks is a boutique medical equipment financing company offering a unified portfolio of financing solutions and financial tools. The core offerings consist of Medical Equipment Financing, Financing for Doctors (customized programs for medical professionals), and Financing for Partners (for manufacturers and distributors). Supporting these core products are digital tools including the Section 179 Calculator (web-based and mobile app), educational podcast content for both doctors and partners, and an online application process. The company operates as a single cohesive financing service rather than a platform-plus-modules architecture.
Differentiator
Problem solved
Functional benefit
Products and services
- Medical Equipment Financing Financing solutions for medical equipment purchases, including same-day funding, deferred payment plans, and 100% purchase financing for aesthetic devices and medical equipment. Designed for medical professionals and healthcare facilities needing capital equipment.
- Financing for Doctors Customized financing programs for medical professionals and clinics to acquire equipment and technology while preserving working capital. Includes Section 179 tax deduction expertise and approval for startups and non-MD-owned practices.
- Financing for Partners Financing solutions for manufacturers and distributors in the aesthetics industry, including customized financing solutions and captive program management. Allows partners to offer financing to their customers as part of their sales process.
Quantifiable outcome
- Over $750M in equipment funded
- +2 more outcomes
Companies that use Ileaseworks
Customer profileNamed customers2 records
Segments3 records
Ideal customer profiles3 records
Ileaseworks technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature2 records
Ileaseworks partnerships and signals
Strategic signalPartnerships
Two partnerships are on record, tiered moderate.
- National Equipment Finance AssociationmoderateProfessional industry association membership providing credibility and networking opportunities in the equipment finance industry.
- American Association of Commercial Finance BrokersmoderateIndustry association membership connecting iLeaseWorks with commercial finance professionals and industry best practices.
Scale indicators4 records
Recent moves6 records
Expansion highlights5 records
Ileaseworks competitors and assessment
Company assessmentDirect peers
- TimePayment Corp: TimePayment is a fintech-enabled equipment finance company that originates leases across many verticals including medical, fitness, and aesthetic. It competes with iLeaseWorks on small-ticket and mid-ticket deals, especially those originated through vendor partnerships.
- Ascentium Capital: Ascentium Capital (a Northern Trust company) is a direct equipment finance lender serving a broad range of verticals including medical and aesthetic. It competes with iLeaseWorks for vendor financing partnerships and end-buyer leases, and is the most cited 'tech-enabled' alternative in the space.
- Med One Equipment Financing: Med One provides medical equipment leasing and financing solutions to hospitals, clinics, and physician practices. It is a direct medical-equipment finance peer with a similar customer base and vendor-captive orientation.
- Currency Capital: Currency Capital is a digital equipment finance marketplace connecting small businesses, including medical and aesthetic buyers, with multiple lenders. It mirrors iLeaseWorks' multi-lender intermediary model but with a stronger technology and online-application layer.
- Balboa Capital: Balboa Capital is an equipment finance and small-business lender that originates leases across multiple verticals including medical, and competes with iLeaseWorks on speed, structure, and partner financing programs.
Broad incumbents
- Siemens Financial Services: Siemens Financial Services provides equipment financing, including for medical/healthcare technology. As a large global captive-adjacent lessor, it represents the type of bank-owned or manufacturer-owned competitor that iLeaseWorks' lender network must match in pricing and service.
- First Citizens Bank (CIT Healthcare): First Citizens, which acquired CIT Group, has a Healthcare Finance business that provides equipment and practice financing. It is a broad incumbent serving medical professionals with structured lending products, often directly competing with iLeaseWorks for the same buyer.
- Olympus Financial Services: Olympus Financial Services offers manufacturer-aligned financing for Olympus medical and surgical equipment. It is a broad incumbent that competes with iLeaseWorks for vendor-captive and end-buyer financing, often as a direct alternative to independent brokers.
- DLL Group: DLL is a global asset finance specialist with a dedicated Healthcare & Life Sciences practice that finances medical and aesthetic equipment. It is a broad incumbent whose vendor-finance programs compete head-to-head with iLeaseWorks for manufacturer relationships.
Emerging players
- CareCredit (Synchrony Financial): CareCredit, a Synchrony product, is a healthcare-focused financing provider widely accepted by medical and aesthetic practices. While it leans toward patient financing, it overlaps with iLeaseWorks' equipment-buyer financing use cases and is increasingly considered by the same vendors.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat4 records
Key risks6 records
Key highlights7 records
Customer concentration
Ileaseworks social profiles
Digital presenceIleaseworks compliance and trust
Trust signalCompliance2 records
Ileaseworks financial estimates
Financial estimateRevenue estimate
Valuation estimate
Ileaseworks leadership team
Management profileNumber of profiles
Profiles5 records
Ileaseworks funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Ileaseworks 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 Ileaseworks
What does Ileaseworks do?
iLeaseWorks provides medical equipment leasing and financing solutions to healthcare professionals and equipment manufacturers/distributors, primarily serving the aesthetic industry. The company acts as an intermediary connecting borrowers with lenders, offering 100% purchase financing, same-day funding, deferred payment plans, Section 179 tax deduction expertise, and captive program management for medical equipment purchases.
Is Ileaseworks a public or private company?
Ileaseworks is a private company. It is classified as founder individual operated bootstrapped and is currently operating.
When was Ileaseworks founded?
Ileaseworks was founded in 2010. It employs 1 to 10 people.
Where is Ileaseworks based?
Ileaseworks is headquartered in Hutchinson, United States, in the North America region.
How does Ileaseworks make money?
One revenue line is on record: equipment Leasing and Financing.
Who are Ileaseworks's main competitors?
Direct peers on record are TimePayment Corp, Ascentium Capital, Med One Equipment Financing, Currency Capital and Balboa Capital. Broad incumbents are Siemens Financial Services, First Citizens Bank (CIT Healthcare), Olympus Financial Services and DLL Group. CareCredit (Synchrony Financial) is listed as an emerging player.
Does Ileaseworks have an API?
No public API is recorded for Ileaseworks.
What industry is Ileaseworks in?
Ileaseworks's product category is Medical Equipment Financing. Its primary akta.pro industry code is FSAKAFAI, Healthcare & Medical POS Financing. Its NAICS code is 5324 and its SIC code is 7359.