Comco Leasing

What Comco Leasing does

COMCO Leasing GmbH is Germany's largest privately-held (inhabergeführtes) leasing company, founded in 1972 and headquartered in Neuss with approximately 90 employees across roughly 10 German locations. The company provides diversified asset financing solutions across eight categories: road vehicles (passenger, commercial, classic cars, e-mobility), aviation, maritime, rail, machinery, energy, and additional specialty assets, plus vendor sales financing (Absatzfinanzierung) embedded in dealer and manufacturer sales processes.

The business is built on a dual-channel model combining direct sales to enterprise and private customers through dedicated account managers with a partner ecosystem serving dealers, manufacturers, and brokers. Underlying the relationship-driven GTM is a digital platform stack: COMCOweb (partner-facing web portal for financing calculations, credit checks, and document management), COMCOsmart (mobile calculator for in-person quote generation), and Deutsche Post's POSTIDENT service for KYC/AML-compliant online identity verification. Revenue is generated through interest income and fees on lease and hire-purchase contracts spanning multi-year terms.

COMCO operates as a BaFin-supervised financial services institution under a regulated framework, with wholly-owned subsidiaries covering auto leasing (COMCO Autoleasing GmbH & Co. KG), service operations (COMCO Leasing Service GmbH), and sustainable leasing (COMCO EcoLease GmbH & Co. KG). The company reported new business volume exceeding €350 million in 2023 and a balance sheet total of €1.4 billion at year-end 2024. Management is led by Managing Partner Thomas Kolvenbach (since 1998), Managing Director Kerstin Schnittker (since 2012), and Managing Director Eckhard Opalka (since 2019), with owner-management preserving decision-making independence from banks and manufacturers.

Name

Comco Leasing

Legal name

COMCO Leasing GmbH

Website

https://comco-leasing.de

Company type

Private

Founded year

1972

Operating status

Operating

Headcount range

11–50 employees

Ownership category

akta.pro rank

Product category

Equipment Leasing Services

NAICS

Automotive Equipment Rental and Leasing (5321), Commercial and Industrial Machinery and Equipment Rental and Leasing (5324), Passenger Car Rental and Leasing (53211)

SIC

Finance Lessors (6172), Services-Auto Rental & Leasing (No Drivers) (7510)

akta.pro primary industry

Dealer Floorplan & Inventory Financing (FSAKADAD)

akta.pro secondary industry

Rent-to-Own (RTO) Consumer Leasing (FSAKANAE)

Keywords

• Asset leasing services
• Vehicle fleet financing
• Equipment leasing solutions
• Vendor sales financing
• Classic car leasing

Headquarters

HQ city

Cologne

HQ country

Germany

HQ region

Europe

Offices4 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 and Asset Leasing: COMCO generates revenue primarily through leasing agreements for a wide variety of assets including motor vehicles, commercial vehicles, aircraft, ships, rail vehicles, machinery, energy equipment, and classic cars. Revenue is generated through interest income, lease payments, and fees over the contract term.
2. Sales Financing (Absatzfinanzierung): Vendor and dealer financing solutions where COMCO provides financing programs integrated into dealers' and manufacturers' sales processes. Revenue comes from interest margins and origination fees on financed transactions, often structured as dealer partnerships.
3. Direct Leasing: Direct leasing arrangements with end customers (businesses and individuals) for specific assets, with revenue generated through periodic lease payments and residual value realization at contract end.

Pricing tiers

Go-to-market motion3 records

Distribution channels3 records

Marketing channels7 records

Core offering

COMCO Leasing provides asset-based leasing and financing solutions for a wide range of movable assets—passenger and commercial vehicles, classic cars, e-mobility assets, machinery, aircraft, ships, rail vehicles, and energy equipment—serving German commercial and private customers. The company also delivers vendor and dealer sales financing (Absatzfinanzierung) programs that allow manufacturers, dealers, and brokers to offer COMCO financing at the point of sale. Proprietary digital tools (COMCOweb partner portal and COMCOsmart mobile calculator) plus integrated POSTIDENT identity verification support both internal operations and partner self-service.

Product overview

COMCO Leasing operates a diversified leasing platform organized across multiple asset categories: road (passenger vehicles, commercial trucks, classic cars, e-mobility), aviation, maritime, rail, machinery, energy, and vendor sales financing. The company offers two digital tools — COMCOweb (a partner-facing web portal for financing calculations, credit checks, document management, and deal tracking) and COMCOsmart (a mobile calculator for on-the-spot quote generation during sales conversations) — that work together as a digital duo to complement the personal advisory service. COMCOsmart feeds quote data into COMCOweb for seamless further processing. An integrated POSTIDENT service enables online identity verification via Deutsche Post.

Differentiator

Problem solved

Functional benefit

Brands

• COMCOweb: Online platform for dealers, manufacturers, and brokers to calculate financing conditions, perform credit checks, and manage business transactions with customers.
• COMCOsmart

Products and services

• Kraftfahrzeuge (Passenger Vehicle Leasing) Leasing solutions for new and used passenger cars for commercial and private customers, including individual contract models and fleet arrangements.
• Nutzfahrzeuge (Commercial Vehicle Leasing) Leasing solutions for commercial vehicles and trucks, supporting fleet renewal and capital-light acquisition for businesses.
• Classic Cars Leasing Specialized leasing for classic and vintage automobiles, serving collectors and enthusiasts and complemented by event participation (Classic Days, Rétromobile Paris, Techno-Classica, Retro Classics, Rallye Elbflorenz, CC Rallye Sachsen).
• E-Mobilität (E-Mobility Financing) Leasing and financing solutions for electric vehicles and e-mobility assets, helping commercial and private customers transition to electric mobility.
• Maschinen (Machinery Leasing) Leasing for industrial machinery and equipment, providing access to the latest technology without upfront capital investment and supporting technology upgrade cycles.
• Luft (Aviation Financing) Financing solutions for general aviation aircraft, helicopters and turboprop planes (e.g., Pilatus PC-12 NGX), structured via authorized sales centers such as Air Alliance.
• Wasser (Maritime Financing) Financing for boats, yachts, and commercial inland-waterway vessels, addressing specialized documentation and registration requirements.
• Schiene (Rail Financing) Financing for rail vehicles and rail-related equipment, supporting long-term capital investment in rail fleet acquisition and modernization.
• Energie (Energy Equipment Financing) Financing for energy equipment, renewable energy installations, and energy infrastructure, supporting the transition to renewable energy and energy efficiency investments.
• Absatzfinanzierung (Sales / Vendor Financing) Point-of-sale financing solutions embedded in dealers' and manufacturers' sales processes, enabling end customers to finance purchases at the point of sale. Revenue is generated through interest margins and origination fees on each financed transaction, exemplified by the 10-year WMF Finance partnership (more than 1,000 contracts, over EUR 10 million in volume).

Quantifiable outcome

• 8 consecutive years as Germany's best leasing company (Focus Money 'Deutschlands Beste' study)
• +4 more outcomes

Named customers4 records

Segments9 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Partnerships

Six partnerships are on record, tiered minor and core.

• Air Alliance (Pilatus Sales Center)minorChannel Partner/ Reseller/ Distributor · 1 January 2025Air Alliance, an authorized Pilatus Sales Center, facilitated the delivery and financing of a Pilatus PC-12 NGX aircraft for a COMCO customer. Air Alliance acts as the aircraft dealer while COMCO provides the financing solution.
• GBAA (German Business Aviation Association)minorStrategic or Co-development Partner · 1 January 2025COMCO's Aviation team exhibited at the AERO 2025 trade show on the GBAA joint booth, utilizing the association's shared exhibition space for networking with aviation customers and partners.
• KKD GmbHminorChannel Partner/ Reseller/ Distributor · 1 January 2024KKD GmbH partnered with COMCO at the FLOTTE! 2024 fleet trade show in Düsseldorf, where both companies maintained a joint exhibition stand to serve fleet management customers.
• WMF FinancecoreChannel Partner/ Reseller/ Distributor · 20 November 2013WMF Finance (part of WMF Group, commercial kitchen equipment manufacturer) has partnered with COMCO since November 2013 for sales financing solutions for WMF products. In 10 years, the partnership generated more than 1,000 contracts with a total volume exceeding 10 million EUR. The partnership is characterized by continuous process improvement and close cooperation, celebrated at WMF regional conferences.
• BDL (Bundesverband Deutscher Leasing-Unternehmen e.V.)coreOthers · 1 January 1972COMCO has been a member of the German Leasing Association (BDL) for over 30 years, with Thomas Kolvenbach serving as Vice President since 2007 and board member since 2004. COMCO has been involved in committees and working groups since before the IDL/BDL merger, contributing to industry advocacy and standard-setting.
• FOM Hochschule DüsseldorfminorOthersCOMCO partners with FOM Hochschule für Oekonomie & Management in Düsseldorf for its dual study program in Business Administration (Bachelor of Arts). Students alternate between lectures at FOM (2 days/week) and practical work at COMCO (3 days/week) over 3.5 years.

Scale indicators8 records

Recent moves7 records

Expansion highlights5 records

Direct peers

• Deutsche Leasing: One of Germany's largest leasing companies, providing asset financing across vehicles, machinery, equipment, and real estate. Directly competes with COMCO across most asset categories and shares the bank-affiliated legacy model, but at substantially larger scale.
• GRENKE: Listed German leasing company focused on IT, office, and small-ticket equipment for SMEs. Comparable business model of independent SME-focused leasing with digital origination, and similar emphasis on bank-independent advice to small business customers.
• abcfinance: German vendor financing and leasing specialist offering Absatzfinanzierung and sales financing to dealers and manufacturers. Directly competes with COMCO's vendor/sales financing (Absatzfinanzierung) line, including the same SME and dealer target market.
• MMV Leasing: German vendor leasing and sales financing provider (now part of Banque Casino / Crédit Mutuel group). Directly comparable to COMCO's vendor leasing channel, serving dealers and manufacturers with embedded financing solutions.

Broad incumbents

• TARGOBANK (Auto & Equipment Leasing): German bank offering auto leasing, consumer loans, and SME equipment financing. Competes with COMCO in German consumer auto leasing and SME asset financing, leveraging its branch network and deposit-funded balance sheet.
• Mercedes-Benz Mobility: Captive financial services and leasing business of Mercedes-Benz, offering leasing for passenger cars, vans, and trucks. Competes with COMCO's automotive segment, with stronger brand-aligned channels but limited cross-OEM independence.
• ALD Automotive / Ayvens: One of Europe's largest full-service vehicle leasing and fleet management companies (now Ayvens following the LeasePlan merger). Operates at vastly larger scale than COMCO in passenger and commercial vehicle leasing, but does not serve COMCO's aviation, maritime, or machinery niches.
• Volkswagen Financial Services: Captive finance arm of the Volkswagen Group, providing leasing and financing for VW Group vehicles plus dealer floorplan. Directly competes with COMCO in passenger and commercial vehicle leasing, with deeper funding access but narrower product scope.
• BNP Paribas Leasing Solutions: European leasing arm of BNP Paribas, active in Germany and providing equipment, vendor, and asset financing across multiple categories. Comparable to COMCO in multi-asset vendor and SME leasing, but with substantially broader geographic and capital reach.
• Siemens Financial Services (Siemens Leasing): Captive financial services arm of Siemens, offering leasing and financing for industrial equipment, machinery, and digital industrial solutions. Overlaps with COMCO's machinery and equipment leasing segment but operates as part of a much larger industrial conglomerate.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• YouTubeyoutube.com/@comcoclassiccarleasing
• Facebookfacebook.com/comcoleasingneuss
• LinkedInde.linkedin.com/company/comco-leasing-gmbh
• Instagraminstagram.com/comcoleasing

Revenue estimate

Valuation estimate

Number of profiles

Profiles5 records

Subsidiaries4 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 Comco Leasing