equipal builds proprietary technology to enable equipment vendors and their customers to arrange fast, fully digital asset finance embedded at the point-of-sale, working with more than 75 equipment vendors. The platform provides financing of up to €289k (£250k) for terms up to five years across sectors including manufacturing and transport, covering assets from CNC machines to coaches. Using its technology the company has streamlined a traditionally slow, email-heavy process, and reports a default rate of 1.26%, zero credit losses to date, and a 69% repeat-customer rate. The business was founded by former investment banking professional Eamonn McMahon and soft-launched in 2021. equipal is based in London and has positioned itself within the SME equipment finance and embedded finance market.

Total raised

$21M

Funding rounds

2

Latest round

Equity

Latest activity

Jun 2026