Lease Solutions — Institutional Investor Pitch Deck (EN)

01 // EXECUTIVE SUMMARY

The Embedded B2B Checkout Engine for European Equipment Leasing

Volume Processed

€ 2.03M

70 active B2B contracts, 100% originated and deployed within 6 months.

Credit Quality

0.00%

Zero defaults, write-offs, or arrears. 89.93% Prime debtor profile.

Decision Latency

8.2 sec

Automated digital approval via 5,000 live data points vs. 6-week bank delay.

Pre-Committed

€ 400k+

Already committed by O2O founders (Koen & Wim Floré) and David Taelman.

FINTECH INFRASTRUCTURE

Not Just SaaS: An Autonomous Leasing Institution Operating at Software Multiples

Lease Solutions acquires mission-critical business equipment and leases it directly to B2B customers. By fully digitizing the end-to-end transaction lifecycle (from instant POS quotation and algorithmic credit scoring to Itsme eID signing and automated B2B SEPA Direct Debit), 2 FTEs powered by AI agents operate a complete leasing company — requiring zero additional administrative overhead at scale.

02 // THE BANKING BOTTLENECK

Why B2B Equipment Vendors Lose 30% of Deals at Point of Sale

Pain Point 1: Speed

6 to 8 Weeks Latency

Tier-1 banks (BNP, KBC, ING) and legacy leasing companies (Grenke, DLL) rely on sluggish, manual credit committees. By the time approval arrives, the deal is cold and the buyer disengages.

Pain Point 2: Friction

Paperwork Nightmare

Chasing annual filings, manually completing PDF application forms, coordinating wet ink signatures. A bureaucratic barrier that frustrates sales reps and drains dealer productivity.

Pain Point 3: Liquidity

SMEs Shielding Working Capital

In today's macroeconomic environment, SMEs refuse to burn heavy upfront CapEx. Without a flexible monthly operational leasing alternative, high-ticket equipment sales stall.

The Imperative for B2B Equipment Vendors:

Hardware vendors today urgently require a frictionless B2B point-of-sale checkout — mirroring the consumer checkout experience pioneered by Klarna or Apple Pay, yet 100% compliant, asset-backed, and engineered for institutional B2B commerce.

03 // THE SOLUTION: PLUG-IN & SELL

From Commercial Quote to Executed Contract in 8.2 Seconds

Step 1: Quotation

Embedded Widget

Embedded directly in dealer CRM/webshop. Displays instant live monthly rates.

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Step 2: 8.2 Seconds

Real-Time AI Scan

5,000+ data points audited via API (Creditsafe/Graydon). Instant digital 'Go'.

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Step 3: Itsme / eID

One-Click Signing

Customer signs binding lease + B2B SEPA mandate directly on mobile or laptop.

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Step 4: D+2 Payout

48h Vendor Payout

Dealer receives 100% cash payout from Lease Solutions. Zero credit risk.

What This Delivers for the Vendor:

Up to +30% Higher Conversion: The buyer executes the purchase on the spot.
100% Margin Preservation: Eliminates discounting pressure from buyers demanding cash rebates.
Zero Credit & Collection Risk: Dealer payout guaranteed within 48 hours post delivery.

What This Delivers for Lease Solutions:

CAC = € 0: Partner vendors onboard and originate customers for us at zero marketing expense.
High Vendor Stickiness: Dealers experiencing frictionless point-of-sale checkout never revert to legacy banks.
Fully Digital Audit Trail: Irrefutable legal enforcement and identity verification via Itsme eID.

04 // REAL-TIME AI RISK DECISIONING

The 6-Stage Automated Underwriting Gatekeeper

Filters 1 & 2

Hard Knock-Out & Fraud Scan

Immediate knockout on RSZ/tax liens, summonses, or court seizures. 72-month cross-directorship forensic scan detects serial bankruptcy perpetrators.

Filters 3 & 4

Personal Guarantee & NBB Health

Early-stage ventures (<24 months) require mandatory personal guarantee via Itsme. Live extraction of NBB filings, Companies Code alarm-bell check, solvency ≥20%.

Filters 5 & 6

Limit Matching & DBT Index

Strict automated exposure caps. Analysis of Days Beyond Terms (DBT) supplier payment history across 5,000+ Graydon & Creditsafe data points.

Active Portfolio Quality

89.93%

Prime Counterparties (Score A + B)

Historical Loss Rate

0.00%

Defaults Across 70 Contracts

Continuous Surveillance

360° Batch Sync

Monthly automated re-underwriting on 100% of active portfolio debtors.

05 // MONETIZATION: THE 3 PROFIT ENGINES

Profitable in Month 1, Highly Compounding in Year 6+

Engine 1: Months 1 to 60

Core Operating Spread (+30%)

Customer pays 130% over 5 years (26%/yr). Linearly covers asset depreciation (20%), 4.5%–5.5% senior bank debt, and <1% OPEX.

Objective: Market-competitive pricing with zero adverse selection.

Engine 2: Contract Maturity

Residual Value Buyout (10–30%)

Customer or dealer exercises equipment purchase option. Because the asset is depreciated to € 0 on our balance sheet, this revenue drops 100% as pure cash and pre-tax earnings.

Impact: Zero balance sheet residual value risk during lease tenor.

Engine 3: Year 6+

Contract Extensions (~20%)

~20% of SMEs retain fully operational hardware, continuing monthly rental billing without replacement.

With bank financing and depreciation amortized to zero, ongoing payments flow directly to operating cashflow.

The Tail Cash Engine: Compounding Cashflow Leverage

Engine 2 and Engine 3 account for over 60% of cumulative portfolio earnings (€ 95.49M) across a 10–14 year horizon.

+24.75% Pure Cash Uplift on Financed Volume

06 // CAPITAL PRESERVATION

100% Asset-Backed: Why This Is Not Unsecured BNPL

Pillar 1

Legal Retention of Title

All equipment remains the exclusive legal property of Lease Solutions until the final purchase option euro is settled. Upon customer insolvency, the asset is strictly bankruptcy-remote (Belgian Financial Collateral Act).

Pillar 2

Guaranteed Partner Remarketing

Upon any payment default, our partner vendor repossesses the asset within 14 days, refurbishes it, and re-markets it directly through their secondary distribution network. Zero warehousing overhead, immediate liquidity.

Pillar 3

Personal Director Guarantees

For early-stage ventures (<24 months), the managing director provides an authenticated personal guarantee executed digitally via Itsme eID, ensuring total executive alignment and skin in the game.

Pillar 4

€ 1,500,000 First-Loss Shield

Subordinated founder and investor capital functions as an autonomous risk absorption buffer, absorbing up to 10% portfolio losses before senior bank facilities are exposed to any impairment risk.

07 // DISTRIBUTION: B2B2B FLYWHEEL

Customer Acquisition with Zero Marketing Spend (CAC = € 0)

Current Demand

€ 20M / yr

Just 8 core active vendor partners currently demand € 20M per year in origination volume through our platform (~€ 2.5M annual run-rate per vendor).

Capacity Constraint

20+ Partners

Because our initial € 2M capital base is 100% utilized, a strict partner intake moratorium is in effect. Over 20 qualified distributors are currently queued.

European Scale

> 1,000

Strategic roadmap: Onboarding 1,000 European equipment partners. Existing cross-border vendors are actively pulling our platform into Germany, France, and the Netherlands (Vendor-Pull).

RESELLER ECONOMICS

"What's in it for the Dealer?"

1. 100% Payout in 48h

Dealer bypasses bureaucratic bank review and unlocks instant working capital.

2. Full Margin Protection

Eradicates price erosion from buyers demanding upfront cash discounts.

3. Flexible Partner Fee (1–3%)

Factored transparently into the calculation engine and paid out automatically to the partner.

08 // TRACTION & SOCIAL PROOF

Validated & Backed by Proven Leasing Industry Leaders

Smart Money Commitment

€ 200,000

Koen & Wim Floré (O2O Bike Lease)

As founders of O2O Bike Lease, they built the undisputed market leader in Belgian bicycle leasing. They possess world-class expertise in vendor distribution and unit economics, committing their private capital to this round.

Smart Money Commitment

€ 200,000

David Taelman (KLANK / Financial Strategist)

Respected financial strategist and co-founder of KLANK Building Acoustics. Validated our balance sheet architecture, ALM hedging, and programmatic scalability. Supplemented by smaller angel tickets (€ 10k–€ 20k).

TRACTION SNAPSHOT (OCTOBER 2025 – AUGUST 2026)

• € 2,032,448 TVP across 70 verified B2B contracts | • € 600,000+ collected | • 0.00% defaults

✓ MODEL 100% PROVEN

09 // THE TEAM: SCALE & DOMAIN MASTERY

Demonstrated Scale Track Record (1 to 100) and Deep Leasing Expertise

Co-Founder & Director

Thijs Missiaen (Tech & Finance)

Track Record: Scaled THEA Group / MijnEPB from 1 to 100 team members (merged, now strategic advisor).
Architecture: Engineered the software platform, API integrations, and automated credit scoring pipeline.
Focus: Balance sheet management, wholesale funding facilities, and algorithmic automation.

Co-Founder

Hans Sebrechts (Commercial & Partnerships)

Track Record: 15+ years of executive commercial experience in equipment leasing and structured finance.
Network: Established direct relationships with hundreds of B2B equipment distributors and OEMs across Benelux.
Focus: Dealer acquisition, vendor partnership management, and cross-border commercial expansion.

SCALABLE INFRASTRUCTURE

Extreme Scalability: 2 FTEs Operating with Institutional Velocity

Because the entire operational pipeline runs autonomously via software and AI agents, scaling to a € 50M or € 100M portfolio requires exactly the same administrative headcount as today: zero. Future hires are dedicated 100% to international B2B partner acquisition and relationship management.

10 // FUNDING ROUND: CAPITAL LEVERAGE

€ 1.5M Growth Capital Unlocks € 15M–€ 25M Senior Bank Lines

Transaction Parameters

€ 1,500,000

Convertible Loan Agreement (CLA) / Equity

• Valuation Cap: € 7,000,000 pre-money.
• Already Committed: € 400,000+ (O2O founders & David Taelman).
• Direct Conversion Option: Lead investor can convert immediately into ordinary equity with a board seat to jointly negotiate bank credit facilities.

Dual-Track Leverage

10x – 20x

Assets are 100% Bankable

• 80%–85% Senior Debt: KBC, Belfius, and BNP finance underlying equipment at 4.5%–5.5%. Equity NEVER buys hardware!
• Revolving VAT Facility: € 1.5M–€ 2.5M working capital line covers the 21% VAT bridge without tying up equity capital.

SPECIFIC USE OF FUNDS (€ 1.5M GROWTH CAPITAL)

€ 850k Bank Buffer

Solvency reserve backing € 15M–€ 25M senior debt facilities.

€ 150k Legal & Comp

Cross-border retention of title frameworks (DE, FR, NL).

€ 150k AI Risk Engine

API connectors with Creditreform, Infogreffe, and Graydon.

€ 350k Partners & Exp

ERP connectors and cross-border vendor onboarding.

11 // STRATEGIC LIQUIDITY & RETURNS

Three Distinct Exit Horizons for Banks, Leasing Giants, and PE

Exit Horizon 1

Commercial Banks

Tier-1 banks are losing SME equipment financing to agile fintechs. A turnkey, validated 8.2s API checkout engine paired with a performing, high-margin loan portfolio provides an instant strategic competitive leap.

Exit Horizon 2

Leasing Giants (Econocom/Grenke)

Pan-European leasing institutions seeking to integrate digital vendor checkout directly onto their balance sheets. Econocom (Atlance) is already in exploratory discussions due to internal innovation barriers.

Exit Horizon 3

Private Equity Buy-and-Build

Sponsors such as Waterland Private Equity (discussions underway) typically acquire platforms upon reaching scale to execute a pan-European buy-and-build consolidation.

Near-Term Milestone: Surpassing Atlance (>€ 40M Annual Volume)

Plan A: Premium M&A Strategic Acquisition • Plan B: High-Yield Cash Dividends via Residual Values & Extensions

ANNEX A // PORTFOLIO DIVERSIFICATION & CONCENTRATION

Verified Sector Distribution & Debtor Concentration Analysis

Sectoral Breakdown (Audit Section 8.1)

70 ACTIVE CONTRACTS · TOTAL PORTFOLIO € 2,032,448.64

Industry & Manufacturing

22.6%

€ 460k

Education, Healthcare & Non-Profit

17.2%

€ 349k

Installation & HVAC / Solar

16.9%

€ 344k

Food & Beverage Production

12.6%

€ 255k

B2B IT & Consulting

11.3%

€ 230k

Retail & Commercial

8.7%

€ 177k

Accountancy, Legal & Tax

6.2%

€ 126k

Transport, Automotive & Media

4.8%

€ 98k

Debtor Distribution & Large Ticket Exposures

LARGE CONTRACTS ARE CONCENTRATED EXCLUSIVELY IN HIGH-GRADE COUNTERPARTIES

1. Belgian Fresh Food NV

Food Industry · Meat & Refrigeration Tech

€ 231k Score A

2. Vlamo VZW

Flemish Cultural Institution (State-Subsidized)

€ 212k Score A

3. Rucon Ventilatoren NV

Industrial Ventilation Manufacturer

€ 109k Score B

5 Large Anchor Clients: 36% 65 Granular SMEs: 64%

€ 739,000 (100% Prime) € 1,293,000 (avg. € 19,800 / deal)

Governance Rule at € 15M Scale: Institutional credit committees mandate a maximum single-debtor cap of 5%. Upon deploying senior bank lines, individual exposures naturally dilute to < 1.5%. Zero reliance on any single client.

ANNEX B // CREDIT RISK MATRIX & TICKET DISTRIBUTION

Actuarial Risk Allocation: 89.93% Prime Portfolio Quality

Credit Rating Allocation (Audit Section 2.1)

LUPI UNIT FIELD · 1 DOT = 1% OF ACTIVE PORTFOLIO VOLUME

Score A (Low Risk): 32 deals · 64.73% (€ 1,315k)

Score B (Moderate Risk): 20 deals · 25.20% (€ 512k)

Score C (Increased Risk): 10 deals · 6.40% (€ 130k)

Score D (Micro-Tickets): 8 deals · 3.67% (€ 75k)

Cumulative Prime Credit (A + B): 89.93% (€ 1,828,796)

Credit Risk Distribution by Ticket Size

LARGER EXPOSURES SYSTEMATICALLY CONVERGE TO 100% SCORE A & B

> € 100k (Anchor Tier-1) 3 deals · € 553k (27.2%)

Quality: 100% Score A & B (Belgian Fresh Food, Vlamo, Rucon).

€ 50k – € 100k (Heavy Equipment) 6 deals · € 443k (21.8%)

Quality: 100% Score A & B (5x A, 1x B: DocIT, 3HE, ILWA, RWM, CPS, Verlo).

€ 25k – € 50k (Mid Core SME) 16 deals · € 595k (29.3%)

Quality: 87.5% Score A & B (Average deal size: € 37,173).

€ 10k – € 25k (Standard SME) 18 deals · € 273k (13.5%)

Quality: 77.8% Score A & B (Average deal size: € 15,188).

< € 10k (Micro-Tickets) 27 deals · € 169k (8.3%)

Average deal size: € 6,248. Encapsulates strictly capped Score C & D micro-deals.

ANNEX C // DEVIL'S ADVOCATE INVESTOR FAQ

Addressing the 4 Most Critical Institutional Investor Inquiries

QUESTION 1: WORKING CAPITAL & VAT

"How do you absorb the 21% VAT bridge when scaling to € 20M annual origination?"

Senior banks attach a dedicated Revolving VAT Credit Facility (€ 1.5M–€ 2.5M) directly alongside the wholesale debt line. VAT paid on equipment represents a guaranteed sovereign tax reclaim against the Belgian state, bearing zero credit risk. Zero equity capital is depleted on VAT bridge financing.

QUESTION 2: DEFAULT & REMARKETING

"What happens if a customer defaults? Is secondary hardware salvageable?"

A three-tier recovery shield: 1. 100% legal retention of title; 2. Partner Remarketing Protocol (the originating dealer repossesses the hardware within 14 days and redistributes it through their secondary dealer network); 3. € 1.5M subordinated first-loss reserve absorbs any auction or remarketing discounts.

QUESTION 3: INNOVATOR'S DILEMMA

"Why don't KBC, Belfius, or Econocom build this internally tomorrow?"

Legacy retail banks and traditional leasing providers are hampered by legacy core banking software and cumbersome credit committee workflows (6-week lead times). Re-architecting legacy systems for an 8.2-second API engine requires deep institutional restructuring spanning years. They prefer to acquire proven, embedded platforms via strategic M&A.

QUESTION 4: CAP TABLE & GOVERNANCE

"Who maintains controlling governance, and what role does the lead investor play?"

Founders Thijs Missiaen and Hans Sebrechts retain majority control, backed by prominent leasing pioneers (O2O founders & David Taelman, € 400k+). The lead investor receives an immediate board seat and strategic governance rights to collaboratively unlock senior bank debt facilities with KBC, Belfius, and BNP.

ANNEX D // 3-YEAR FINANCIAL P&L & SCALE MODEL

Projected Volume Growth, Interest Margins & EBT (2026–2028)

Financial Growth Trajectory (Figures in € excl. VAT)

SCALE PROJECTIONS BACKED BY € 15M TO € 25M SENIOR DEBT COMMITMENTS

Financial Metric	2025 (Actual 6m)	2026 (Budgeted)	2027 (Projected)	2028 (Scale)
Annual TVP Origination Volume	€ 2,032,448	€ 8,000,000	€ 22,000,000	€ 45,000,000
Cumulative Active Portfolio	€ 2,032,448	€ 9,500,000	€ 28,000,000	€ 65,000,000
Gross Interest & Lease Turnover (Engine 1)	€ 600,000+	€ 1,120,000	€ 3,450,000	€ 7,900,000
Senior Bank Interest (Cost of Funds ~5.0%)	-€ 45,000	-€ 420,000	-€ 1,250,000	-€ 2,900,000
Operating Expenses (2 FTEs + AI Agents + Compliance)	-€ 140,000	-€ 290,000	-€ 440,000	-€ 650,000
Net Pre-Tax Earnings (EBT)	€ 415,000	€ 410,000	€ 1,760,000	€ 4,350,000

* The Tail Cash Multiplier (Engines 2 & 3): Starting in 2028, massive cash release begins from contract purchase options and lease extensions, doubling free cash flow.

CASHFLOW MULTIPLIER