Burgan Leasing

What Burgan Leasing does

Burgan Finansal Kiralama A.Ş. (operating as Burgan Leasing) is a Turkish non-bank financial institution providing financial leasing, fleet leasing, sale-and-leaseback, and after-sales services to business customers acquiring investment assets. Founded in March 1994 under Turkish Financial Leasing Law No. 3226 and originally incorporated as Ekspres Finansal Kiralama A.Ş., the company passed through Tekfen Group ownership (2001–2007) and EFG Eurobank Ergasias ownership (2007–2012) before being acquired by Burgan Bank S.A.K. (Kuwait) on December 21, 2012, which holds 99.26% of shares. It has since operated under the Burgan brand, registered as Burgan Finansal Kiralama A.Ş. on January 23, 2013.

The company serves five primary customer use cases: business and construction machinery, metal processing and CNC equipment, automobile and fleet leasing, renewable energy (solar and wind) infrastructure, and sale-and-leaseback transactions. Its primary product lines are Financial Leasing (Finansal Kiralama), Fleet Leasing (Filo Kiralama, operated through a dedicated brand at burganfilo.com.tr), Sale and Lease Back (Sat ve Geri Kirala), and post-sale support services including equipment transfers and insurance. Customer-facing value propositions include fixed interest rates, long contract tenures, and 1% reduced VAT eligibility on qualifying equipment under Turkish tax regulation.

Burgan Leasing distributes exclusively through a direct enterprise field-sales motion across seven branch offices in Turkey (Istanbul HQ, Ankara, Antalya, Adana, Izmir, Bursa, Gaziantep). No proprietary technology platform, API, or digital self-serve channel is disclosed; the website serves inquiry and quote-request intake. Revenue is generated via recurring lease installments (financial leasing and fleet leasing), with ownership of the leased asset remaining with Burgan Leasing until contract end. The company is governed by a Board of Directors chaired by Ali Murat Dinç, with a General Manager function and four Deputy General Managers reported in the disclosed management team.

Name

Burgan Leasing

Legal name

Burgan Finansal Kiralama A.Ş.

Website

https://burganleasing.com.tr

Company type

Private

Founded year

1994

Operating status

Operating

Headcount range

11–50 employees

Short description

Burgan Leasing (Burgan Finansal Kiralama A.Ş.) is a Turkish financial leasing company, 99.26%-owned by Kuwait-based Burgan Bank S.A.K., serving business customers across machinery, vehicles, and renewable energy assets through seven branch offices nationwide.

Ownership category

akta.pro rank

Product category

Commercial Financial Leasing

NAICS

Automotive Equipment Rental and Leasing (5321), Passenger Car Leasing (532112)

SIC

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

akta.pro primary industry

Corporate/Enterprise Car Leasing (Closed-End/Open-End) (TLABAAAA)

akta.pro secondary industries

Commercial Fleet Leasing & Management (Trucks/Vans/LCVs) (THADAKAD), Tanker Trailer Leasing/Rental (TLABACAE)

Keywords

• Financial leasing services
• Fleet leasing solutions
• Equipment financing
• Sale and leaseback
• Commercial vehicle leasing

Headquarters

HQ city

Istanbul

Offices7 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Infrastructure, Marketing or Sales, Others

Revenue model

1. Financial Leasing (Finansal Kiralama): The company earns revenue by financing investment assets — the ownership of the asset remains with Burgan Leasing while the customer pays agreed lease installments over the contract term, with ownership transferring to the customer at the end of the lease period.
2. Fleet Leasing (Filo Kiralama): Fleet leasing services are offered to optimize operational costs for businesses, generating recurring lease revenue from vehicle fleets.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels3 records

Core offering

Burgan Leasing provides financial leasing and fleet leasing services to businesses in Turkey, financing the acquisition of investment assets such as machinery, vehicles, and equipment. Under its financial leasing contracts, the company retains ownership of the leased asset while transferring usage rights to the lessee through scheduled rental payments, with ownership transferring to the lessee at contract end. It also offers sale-and-leaseback transactions, after-sales services (equipment transfers, driver/vehicle authorization documents, insurance), and operates a fleet leasing brand (burganfilo.com.tr).

Product overview

Burgan Leasing operates as a financial leasing company offering a unified portfolio of leasing solutions. The core offerings include Financial Leasing (Finansal Kiralama) for equipment and machinery financing, Fleet Leasing (Filo Kiralama) operated through the affiliated brand burganfilo.com.tr, and Sale and Lease Back transactions. The company specializes in leasing business and construction machinery, metal processing equipment, automobiles, and renewable energy investments. Post-sale support services are provided alongside these products.

Differentiator

Problem solved

Functional benefit

Products and services

• Finansal Kiralama (Financial Leasing) Financial leasing service where the ownership of an investment asset (machinery, equipment, vehicles) remains with Burgan Leasing while usage rights are transferred to the lessee through scheduled rental payments, with ownership transferring to the lessee at the end of the contract term. Targeted at Turkish businesses making capital investments with fixed interest rates, long-term financing, and 1% VAT benefit on eligible equipment.
• Filo Kiralama (Fleet Leasing) Fleet leasing service designed to optimize operational costs for businesses and companies through vehicle fleet financing and management. Offered through the affiliated brand burganfilo.com.tr, the service targets corporate customers seeking to avoid large capital tied up in vehicle ownership while optimizing operational fleet costs.
• Satış Sonrası Hizmetler (After-Sales Services) Post-sale support services for leasing customers including equipment transfers, driver authorization documents, vehicle authorization letters, and insurance services, delivered through the customer support hotline (+90 212 371 42 22) and customer experience channels.
• Sat ve Geri Kirala (Sale and Leaseback) Sale and leaseback transaction service allowing customers to sell their equipment to Burgan Leasing and lease it back, providing working capital liquidity while maintaining operational continuity. Targeted at asset-owning businesses that have capital tied up in owned assets.

Segments5 records

Ideal customer profiles5 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

One partnership is on record.

• Finansal Kurumlar BirliğiminorOthersBurgan Leasing is a member of the Financial Institutions Union (Finansal Kurumlar Birliği), a Turkish industry association for financial institutions.

Scale indicators2 records

Recent moves7 records

Expansion highlights5 records

Direct peers

• Yapı Kredi Finansal Kiralama: Financial leasing arm of Yapı Kredi, providing equipment, vehicle, and project finance leasing across Turkey. Closely comparable in scale, scope, and parent-bank model.
• Ak Finansal Kiralama: Turkish leasing subsidiary of Akbank, offering financial leasing for machinery, construction equipment, and fleet. Comparable bank-owned leasing model with national distribution.
• Deniz Finansal Kiralama: Turkish financial leasing company affiliated with DenizBank, offering equipment, vehicle, and real estate leasing. Comparable mid-sized bank-owned lessor competing for similar corporate clients.
• İş Finansal Kiralama: Turkey-based financial leasing company affiliated with İşbank group. Offers machinery, vehicle, and equipment leasing with national branch presence — directly comparable product and customer base to Burgan Leasing.
• QNB Finansleasing: QNB group's Turkish leasing operation providing financial leasing services to corporate customers. Comparable bank-affiliated leasing competitor.
• TEB Finansal Kiralama: Leasing arm of TEB (BNP Paribas group) operating in Turkey with similar equipment and fleet leasing products. Directly comparable bank-subsidiary leasing model.
• Garanti Finansal Kiralama: Turkish financial leasing subsidiary of Garanti BBVA offering financial leasing, fleet leasing, and equipment financing to corporate clients. Direct competitor with similar product mix, distribution model, and bank-parent backing.

Broad incumbents

• ING Finansal Kiralama: International bank's Turkish leasing arm offering equipment leasing to corporate clients. Comparable bank-subsidiary model but broader financial services portfolio.
• Siemens Finansal Kiralama: Captive lessor for Siemens industrial equipment in Turkey. Less directly comparable as it primarily finances Siemens-branded industrial assets, but operates in the same equipment leasing space.
• HSBC Finansal Kiralama: Global bank's Turkish leasing operation, providing equipment and vehicle leasing. Comparable in bank-affiliated leasing model but smaller Turkish-specific presence.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat4 records

Key risks5 records

Key highlights6 records

Customer concentration

Revenue estimate

Valuation estimate

Number of profiles

Profiles10 records

Subsidiaries1 record

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 Burgan Leasing