Alternatif Lease

What Alternatif Lease does

Alternatif Lease, legally Alternatif Finansal Kiralama A.Ş., is a Turkish financial leasing company founded in 1997 and headquartered in Istanbul. It is a wholly-owned subsidiary of Alternatif Bank A.Ş. (parent holding 100% of the 200,000,000 TL share capital), with minor symbolic shareholdings held by affiliated Alternatif Yatırım Menkul Değerler A.Ş. and Qatari Commercial Bank (P.S.Q.C.). The company provides financial leasing solutions across machinery and equipment, transport vehicles (land/air/sea/rail), construction and manufacturing machinery, medical devices, textile and tourism equipment, electronic devices, office equipment, real estate, and computer software, serving Turkish businesses seeking to acquire productive assets without depleting working capital. Lease terms range from 12 to 72 months, with pricing determined through individual credit and equipment assessment rather than standardized rates.

The business operates a relationship-based, sales-led B2B go-to-market through direct leasing consultants, phone-based inside sales, and an online application portal, supplemented by dedicated storefronts on Sahibinden.com for disposition of lease-end equipment and real estate inventory. The company's core technology stack is standard financial services infrastructure, with its principal proprietary technical element being a documented Bilgi Güvenliği Yönetim Sistemi (Information Security Management System / BGYS) policy covering access controls, change logging, employee training, and business continuity; the company also maintains KVKK (Personal Data Protection Law No. 6698) compliance. The leadership team was substantially refreshed in 2024-2025: Ateş Yenen joined as General Manager in July 2024 from QNB Finans Leasing, Ozan Kırmızı (also Alternatif Bank General Manager) serves as Chairman, and Antonio Gamez Munoz (CRO of Commercial Bank Qatar) joined as Vice Chairman in February 2025. The company is privately held, operates exclusively in Turkey, and has between 51 and 100 employees.

Revenue is generated through interest and fees on financial leasing contracts, with a secondary revenue stream from sale or re-leasing of second-hand equipment and real estate recovered at lease end. The company does not publicly disclose revenue, deal volume, or portfolio figures; as a wholly-owned subsidiary of a Turkish bank, its growth is structurally tied to Alternatif Bank's corporate and commercial banking franchise rather than to independent market-share capture.

Name

Alternatif Lease

Legal name

Alternatif Finansal Kiralama A.Ş.

Website

https://alternatiflease.com.tr

Company type

Private

Founded year

1997

Operating status

Operating

Headcount range

51–100 employees

Short description

Alternatif Lease is a Turkish financial leasing company, wholly owned by Alternatif Bank A.Ş., providing equipment, machinery, and real estate leasing solutions to Turkish businesses seeking to acquire productive assets while preserving working capital.

Ownership category

akta.pro rank

Product category

Financial Leasing

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)

akta.pro primary industry

Equipment & Tool Leasing (Consumer) (FSAKANAF)

akta.pro secondary industries

Lease Servicing, Management & Remarketing (Consumer) (FSAKANAL), Leasing & Lease Buyout Financing (FSAKADAC), Property Management Advisory & Leasing Administration (FSAEAJAN), Corporate/Enterprise Car Leasing (Closed-End/Open-End) (TLABAAAA)

Keywords

• Financial leasing services
• Equipment leasing solutions
• Commercial real estate leasing
• Asset financing
• Business leasing Turkey

Headquarters

HQ city

Istanbul

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

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

Revenue model

1. Financial Leasing: Core revenue from providing financial leasing solutions for machinery, equipment, and real estate. Leasing contracts generate revenue through interest and fees over the contract duration.
2. Real Estate Leasing: Revenue from commercial and residential property leasing arrangements under financial leasing structure.
3. Second-hand Equipment Sales: Revenue from sale of lease-end equipment through marketplace channels including Sahibinden.com platforms.

Go-to-market motion1 record

Distribution channels4 records

Marketing channels3 records

Core offering

Alternatif Lease is a Turkish financial leasing company that funds the acquisition of business assets through leasing contracts. Its core offering is Finansal Kiralama (financial leasing) covering machinery, equipment, vehicles, medical devices, textile and manufacturing equipment, and commercial real estate, with lease terms typically ranging from 12 to 72 months. The company also runs a second-hand equipment marketplace (2. El Fırsatlar) to dispose of lease-end assets, accessible through its website and Sahibinden.com storefronts.

Product overview

Alternatif Lease is a financial leasing company that operates as a single unified service offering multiple financing solutions. The core product is Financial Leasing, supported by specialized sub-products for machine and equipment leasing and real estate leasing (both accessible through external Sahibinden platforms), plus second-hand equipment opportunities and an online application system. The company provides financing for diverse asset categories including transport vehicles (land, air, sea, railway), construction and manufacturing machinery, medical devices, textile equipment, tourism assets, electronic/optical devices, office equipment, and computer software. Alternatif Lease is a wholly-owned subsidiary of Alternatif Bank A.Ş.

Differentiator

Problem solved

Functional benefit

Products and services

• Finansal Kiralama (Financial Leasing) Core financial leasing service providing equipment and real estate financing solutions for Turkish businesses, covering asset categories including machinery, vehicles, medical devices, textile and manufacturing equipment, electronic devices, and commercial real estate, with personalized leasing solutions and flexible 12–72 month terms delivered by expert leasing consultants.
• 2. El Fırsatlar (Second-Hand Opportunities) Pre-owned equipment, machinery, and real estate available for purchase or further lease, sourced from lease-end inventory of Alternatif Lease, with a dedicated online application form. Customers can browse listings via the corporate website and dedicated Sahibinden.com storefronts covering machinery/equipment and real estate categories.

Segments3 records

Ideal customer profiles1 record

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature1 record

Partnerships

One partnership is on record.

• Sahibinden.comsupportingChannel Partner/ Reseller/ DistributorMarketplace platform partner for listing 2nd hand equipment and real estate from lease-end inventory. Separate storefronts for machinery/equipment and real estate categories.

Scale indicators1 record

Recent moves6 records

Expansion highlights4 records

Direct peers

• Deniz Leasing: Mid-sized Turkish financial leasing company affiliated with DenizBank, providing equipment and real estate leasing to businesses — comparable in scale and product focus to Alternatif Lease.
• TEB Leasing: Turkish bank-affiliated lessor under TEB (BNP Paribas), offering finance leasing for machinery, equipment, vehicles, and real estate to SMEs and corporates — overlapping target customers and product mix.
• Vakıf Leasing: Turkish bank-affiliated leasing company under VakıfBank, providing equipment, vehicle, and real estate leasing to commercial clients — comparable customer base and product suite.
• QNB Finans Leasing: One of the largest Turkish financial leasing companies, affiliated with QNB Finansbank. Directly comparable given overlapping machinery, equipment, and real estate leasing products, and is the most direct comp because Alternatif Lease's new GM (Ateş Yenen) was previously Deputy CEO of Sales & Marketing there.
• Halk Leasing: State-bank-affiliated Turkish leasing company under Halkbank, offering finance leases for machinery, equipment, and real estate to SMEs and corporates — overlapping in distribution and product.

Broad incumbents

• Ak Leasing (Akbank subsidiary): Bank-affiliated Turkish leasing company under Akbank, offering a full suite of equipment and real estate finance leases to the same corporate and SME segments that Alternatif Lease serves.
• Yapı Kredi Leasing: Major Turkish lessor affiliated with Yapı Kredi Bank, offering machinery, equipment, vehicle, and real estate leasing to corporate and SME clients — directly overlapping with Alternatif Lease's target market and product set.
• İş Leasing: Turkey's largest bank-affiliated leasing company, owned by İş Bank. Competes head-to-head across the same machinery, vehicle, and real estate asset categories and represents the dominant incumbent in the Turkish leasing market.
• Garanti Leasing (Garanti BBVA): Turkish leasing subsidiary of Garanti BBVA, providing equipment, vehicle, and real estate financing to corporate and commercial clients — a direct competitor in the same loan/lease product category.

Others

• Sahibinden.com: Turkey's largest online classifieds marketplace and channel partner for Alternatif Lease's lease-end equipment and real estate remarketing. Adjacent ecosystem player rather than a direct competitor, but central to the company's secondary-asset monetization model.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks7 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/alternatif-leasing

Compliance2 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles6 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 Alternatif Lease