VB Leasing Group

What VB Leasing Group does

VB Leasing Group is a Polish financial services company headquartered in Wrocław that provides investment financing, vehicle fleet management, insurance intermediation, and claims settlement services, primarily to small and medium enterprises and individual entrepreneurs across Poland. Founded in 1997, the group operates through its core joint-stock entity VB Leasing S.A. (in restructuring) and an automotive subsidiary VB Leasing Automotive S.K.A., alongside adjacent subsidiaries Finpulse S.A. (NPL portfolio management), Leasy Group S.A. (auction platform), Multifinance Expert (insurance intermediation), Centrum Asysty Szkodowej (claims handling), and EDB Services. The company has been operating under court-supervised sanation (restructuring) proceedings since 25 July 2023.

The core product suite consists of operational and financial leasing for passenger cars, vans, trucks, agricultural machinery, and construction equipment, with contract terms ranging from 6 to 36 months and down payments starting from 0%. Add-on offerings include motor, property, GAP, payment protection, legal protection, and assistance insurance intermediated through Multifinance Expert. Customers are served via dedicated client portals (VB Leasing Portal, Bank Kierowcy) and the leasyGROUP auction platform for ex-lease asset disposition. As of mid-2025, approximately 51,000 active leasing and loan contracts were being serviced, down from ~110,000 at the start of restructuring.

Revenue is generated primarily through lease payments (interest, fees, residual values), loan interest and origination fees, insurance commissions, NPL recovery operations at Finpulse, and vehicle auction transactions. The group operates exclusively in Poland and is currently in a servicing-and-restructuring posture: since July 2023, it has executed over 5.5 billion PLN in creditor repayments and over 1 billion PLN in VAT payments to the state treasury, secured a positive opinion on its Restructuring Plan from the Creditors' Council in July 2025, and obtained favorable court rulings against secured creditor PZA and against VeloBank in 2026. New customer origination is not the current strategic focus; instead, the company is preparing the IPO of subsidiary Finpulse S.A. and monetizing the residual asset pool.

Name

VB Leasing Group

Legal name

VB Leasing S.A. w restrukturyzacji

Website

https://vbleasing.pl

Company type

Private

Founded year

1997

Operating status

Operating

Headcount range

101–250 employees

Short description

VB Leasing Group is a Wrocław-based Polish financial services company providing vehicle and equipment leasing, loans, insurance intermediation, and NPL portfolio management primarily to small and medium enterprises in Poland, currently operating under court-supervised restructuring proceedings initiated in July 2023.

Ownership category

akta.pro rank

Product category

Commercial Leasing Services

NAICS

Passenger Car Leasing (532112), Automotive Equipment Rental and Leasing (5321), Commercial and Industrial Machinery and Equipment Rental and Leasing (5324), Commercial Air, Rail, and Water Transportation Equipment Rental and Leasing (532411)

SIC

Finance Lessors (6172), Services-Auto Rental & Leasing (No Drivers) (7510), Services-Miscellaneous Equipment Rental & Leasing (7350)

akta.pro primary industry

SME & Small Business Vehicle Leasing (TLABAAAB)

akta.pro secondary industries

Commercial Fleet Leasing & Management (Trucks/Vans/LCVs) (THADAKAD), Leasing & Lease Buyout Financing (FSAKADAC)

Keywords

• Vehicle leasing services
• Equipment leasing
• Commercial vehicle financing
• Insurance intermediation
• Auction platform

Headquarters

HQ city

Wroclaw

HQ country

Poland

HQ region

Europe

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel

Revenue model

1. Financial Leasing: VB Leasing provides operational and financial leasing for vehicles (cars, vans, trucks, agricultural machinery, construction equipment) and other assets. Revenue is generated through lease payments including interest, fees, and residual value payments.
2. Loan Products: The company offers loan products as part of its financing services, generating revenue through interest and origination fees.
3. Insurance Intermediation: VB Leasing acts as an insurance intermediary offering motor insurance, property insurance, GAP insurance, PPI (payment protection insurance), legal protection insurance, and assistance services. Revenue comes from commissions on insurance products sold alongside financing.
4. NPL Portfolio Management: Through subsidiary Finpulse S.A., VB Leasing manages non-performing loan portfolios, generating revenue through debt recovery operations and asset monetization.
5. Vehicle Auctions: Sale of ex-lease vehicles through aukcje.leasygroup.pl platform, generating revenue from vehicle sales and auction commissions.

Pricing tiers

Go-to-market motion1 record

Distribution channels4 records

Marketing channels4 records

Core offering

VB Leasing Group provides operational and financial leasing for vehicles (passenger cars, vans, trucks) and equipment (agricultural machinery, construction equipment) to Polish small and medium enterprises. The company also offers loan products, acts as an insurance intermediary (motor, property, GAP, PPI, legal protection, assistance), operates client portals for contract management, and runs an auction platform (leasyGROUP) for selling ex-lease assets. Through subsidiary Finpulse S.A., it manages non-performing loan portfolios.

Product overview

VB Leasing Group is a Polish financial services company offering leasing and loan products primarily for vehicles and equipment. The core offerings consist of operational and financial leasing for passenger cars, vans, trucks, agricultural and construction machinery. The company operates client-facing portals (VB Leasing Portal and Bank Kierowcy) for remote contract management, document access, and service requests. Insurance products including motor, property, GAP, and Assistance are offered as add-on modules. The Group's auction platform leasyGROUP enables sale of pre-leased assets. During restructuring, the company also manages NPL portfolios through subsidiary Finpulse S.A.

Differentiator

Problem solved

Functional benefit

Brands

• Portal VB Leasing: Customer portal for VB Leasing clients providing access to contract documents, e-invoices, and accounting documents
• Portal Bank Kierowcy

Products and services

• Operational Leasing (Leasing operacyjny) Operating lease financing for vehicles (passenger cars up to 3.5t, delivery vehicles, buses) and equipment (agricultural machinery, construction equipment), with the lessor retaining ownership and the lessee making regular payments.
• Financial Leasing (Leasing finansowy) Finance lease financing for vehicles and equipment, where the lessee gains ownership rights after completing all scheduled payments. Contract terms typically range from 6 to 36 months, with own contribution starting from 0%.
• Insurance Products (Ubezpieczenia) Intermediated insurance offerings including motor insurance, property insurance, GAP insurance, payment protection insurance (PPI), legal protection insurance, and Assistance services, bundled with leasing/loan contracts.
• VB Leasing Portal Online client portal providing remote access to accounting documents, e-invoices, and lease contract details for VB Leasing, Idea Getin Leasing, and Idea Leasing customers.
• Bank Kierowcy (Driver's Bank) Portal Customer portal for VB Leasing Automotive, Idea Getin Leasing Automotive, and Getin Leasing clients, providing remote access to contract viewing, data updates, e-requests, and e-invoice access.
• leasyGROUP Aukcje (Auction Platform) Electronic auction system operated by Leasy Group S.A. for selling pre-leased vehicles, machinery, and equipment. Features both bidding and 'buy now' purchase modes with online bidder registration.

Quantifiable outcome

• Over 5.5 billion PLN in creditor repayments since July 2023
• +2 more outcomes

Named customers1 record

Segments2 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

Four partnerships are on record, tiered core.

• Leasy Group S.A.coreChannel Partner/ Reseller/ Distributor · 25 July 2023Leasy Group S.A. operates the aukcje.leasygroup.pl auction platform for selling VB Leasing's ex-lease vehicles and equipment. The platform is accessible via VB Leasing's website links and serves as the primary channel for disposition of leased assets. Leasy Group S.A. is a separate legal entity within the VB Leasing Group structure, maintaining its own KRS and operations.
• Finpulse S.A.coreStrategic or Co-development PartnerFinpulse S.A. (formerly Idea Fleet S.A.) manages the NPL portfolio of the VBL Group, with a portfolio value of approximately 2.8 billion PLN. The company transformed from a loss-making entity to generating profit through active NPL management. Finpulse is positioned for potential IPO as part of the restructuring plan.
• AMS Restrukturyzacje sp. z o.o.coreImplementation/ SI/ Consulting PartnerRestructuring administrator (zarządca masy sanacyjnej) for VB Leasing S.A., managed by qualified restructuring advisor Mikołaj Świtalski (license no. 549). Oversees the sanitation proceedings and plan execution.
• Kancelaria Restrukturyzacyjna sp. z o.o.coreImplementation/ SI/ Consulting PartnerRestructuring administrator (zarządca masy sanacyjnej) for VB Leasing Automotive S.K.A., managed by qualified restructuring advisor Kamil Hajduk (license no. 142). Oversees the automotive subsidiary's sanitation proceedings.

Scale indicators9 records

Recent moves7 records

Expansion highlights4 records

Direct peers

• PKO Leasing: PKO Leasing, subsidiary of PKO Bank Polski, provides financial and operational leasing of vehicles, machinery, and equipment to Polish businesses. Comparable scale and SME-customer overlap make it a direct peer to VB Leasing.
• mLeasing (mBank group): mLeasing is the leasing arm of mBank, offering vehicle and equipment leasing to businesses and individuals across Poland. Comparable to VB Leasing in core leasing products and SME target market, with similar distribution through digital inquiry channels.
• Europejski Fundusz Leasingowy (EFL): EFL is one of the largest Polish leasing companies, part of the Crédit Agricole group, offering vehicle and equipment leasing to SMEs and enterprises. Directly comparable to VB Leasing in product mix (operational and financial leasing, fleet management) and SME customer focus.
• Millennium Leasing: Millennium Leasing provides financial and operational leasing for vehicles and equipment to Polish SMEs, as part of Bank Millennium. Similar SME customer base and dual operational/financial leasing offering as VB Leasing.
• Alior Leasing: Alior Leasing, part of Alior Bank, provides consumer and SME leasing/loans for vehicles and equipment in Poland. Comparable SME customer focus and digital distribution model to VB Leasing.
• ING Lease (ING Hubs Poland): ING Lease offers vehicle fleet leasing and equipment financing to Polish SMEs and corporates through ING Bank Śląski's branch network. Directly comparable in SME leasing product set and bank-affiliated origination model.
• Raiffeisen Leasing Polska: Raiffeisen Leasing Polska offers vehicle and equipment leasing to SMEs and corporate clients in Poland. Comparable product suite and SME-customer orientation make it a direct peer in the Polish leasing market.

Broad incumbents

• LeasePlan Polska: LeasePlan is a global fleet management and vehicle leasing company with operations in Poland, focused on operational leasing and fleet services. Comparable in passenger vehicle leasing but operates at significantly larger scale and serves corporate fleets more than SMEs.
• Santander Leasing Polska: Santander Leasing Polska is part of Santander Bank Polska and provides leasing for vehicles, equipment, and real estate to SMEs and corporates. Comparable in product breadth, though anchored to a larger parent bank than VB Leasing.
• BNP Paribas Leasing Solutions (Poland): BNP Paribas Leasing Solutions operates in Poland offering asset finance solutions across multiple segments. Comparable in core leasing products but serves a broader enterprise-and-vendor channel than VB Leasing's SME focus.

Market position

Strengths4 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights6 records

Customer concentration

Revenue estimate

Valuation estimate

Number of profiles

Subsidiaries8 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 VB Leasing Group