Beequip completes €500m ABS to boost SME equipment finance capacity

Dutch independent equipment finance provider Beequip has completed its HIVE 2026-1 asset-backed securitisation (ABS), raising €500 million to expand its lending capacity for SMEs across the construction, agriculture, transport and maritime sectors.

The transaction attracted strong demand from institutional investors, reflecting confidence in the quality and diversification of Beequip’s equipment finance portfolio and the company’s specialist origination capabilities.

The successful securitisation will enable Beequip to provide additional equipment finance to businesses in the Netherlands, across Europe and in North America, supporting entrepreneurs investing in essential business assets.

Bas Bennebroek, CFO of Beequip, said: “Entrepreneurs in construction, transport and agriculture can’t wait. They have contracts to fulfil and equipment to deploy. They deserve a financing partner who switches as quickly and decisively as they do.

“This transaction gives us the capacity to continue to do just that, for more companies, in more markets, both in the Netherlands and internationally.”

Beequip attributes its growth to its “equipment first” lending model, which focuses on the value of the financed asset alongside the customer’s business model, rather than relying solely on traditional unsecured corporate lending criteria. The approach enables the lender to support a broader range of businesses, including start-ups and high-growth companies that may struggle to access conventional finance.

“We focus on what is on the ground, a simple principle, but it makes the difference for thousands of entrepreneurs who would otherwise not get financing,” Bennebroek added.

Founded in 2015 and headquartered in Rotterdam, Beequip has financed more than €5 billion of heavy equipment for businesses operating in the construction, transport, agriculture and maritime sectors across Europe and North America.

A number of advisers supported the HIVE 2026-1 transaction, including BNP Paribas, BofA Securities, Citigroup Global Markets, Apollo Capital Solutions Europe, Redding Ridge Asset Management, Paul Hastings, Simmons & Simmons and Hogan Lovells.