equipal
United Kingdom · Fintech
equipal provides digital equipment finance for UK businesses and embeds financing in equipment vendors’ sales workflows.
Equipment finance at the point of sale
equipal helps businesses fund equipment purchases through an online platform. It connects equipment buyers, vendors and funders, supporting assets used in manufacturing, construction, transport and other industries.
Customers can review equipment packages, request financing, sign automatically generated documents and arrange supplier payment through the platform. A dashboard helps them track equipment, outstanding finance, maintenance and insurance.
Vendor distribution
Founded by Eamonn McMahon and soft-launched in 2021, the London-based company distributes finance through equipment vendors. Its June 2026 financing partnership with Altum Capital Management adds capital for lending and business development.
Funding history
2 rounds · 2 with disclosed amounts| Announced | Round | Amount | Investors |
|---|---|---|---|
| Forward-flow facility, initial funding | £5M | Altum Capital Management — Lead | |
| Equity financing | £1.3M | Altum Capital Management — Lead |