equipal secures £5 million initial funding within an expandable Altum facility
The equipment-finance partnership includes up to £10 million of additional junior funding and a separate £1.25 million equity investment.
A forward-flow structure for equipment leases
equipal announced a financing partnership with Altum Capital Management on June 23, 2026. Its forward-flow facility includes £5 million in initial full-lease funding and up to a further £10 million in junior funding, giving it potential capacity of £15 million.
Altum also provided a separate £1.25 million equity investment. That equity supports technology, marketing and business development, while the forward-flow facility finances equipment originations.
Digital asset finance through vendors
The London-based company embeds equipment financing in vendors’ sales processes. Businesses can arrange funding online, sign documents through the platform and have the supplier paid for the equipment.
equipal serves industries including manufacturing and transport. It plans to expand its team across business development, marketing, operations, credit and data.
Use of funds
Finance equipment leases for UK businesses