XacLeasing logo — company profile

XacLeasing

Founded 2007 Mongolia Mongolia 10 employees Debt Financing Total: $4.35M Financial Services

General Information

Company Name XacLeasing
Founded Year 2007
Location Mongolia Mongolia +1
Employees 10
Industries Financial Services
Funding Stage Debt Financing
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About XacLeasing

XacLeasing is a Mongolian-based financial leasing startup founded in 2007 as a subsidiary of TenGer Financial Group. They focus on strengthening the leasing sector in Mongolia by providing entrepreneurs and small to medium-sized enterprises with access to equipment and machinery, aiming to stimulate business revenue. The company's appeal lies in their ability to offer longer lease tenors, asset specialization, simpler documentation, faster credit decisions, and low collateral requirements. The latest investment of €4.33M in debt financing came from the Belgian Investment Company for Developing Countries on 22 August 2018. XacLeasing's commitment to creating new opportunities, improving customer satisfaction, and enhancing their services positions them well for continued growth and success within the financial services industry.

Funding Rounds & Investors (3)

View All
Funding Stage Amount Investors Lead Investors Date
Debt Financing •••••• 1
Investor
22 Aug 2018
Grant •••••• 1
Investor
27 Jun 2018
Venture Round •••••• 1
Investor
01 Jul 2014

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FAQ About XacLeasing

XacLeasing was founded in 2007 as a wholly owned subsidiary of TenGer Financial Group with the aim of developing the leasing sector in Mongolia. Our business enabled entrepreneurs, micro, small and medium sized enterprises throughout Mongolia to realize the benefits of leasing and provided access to...
XacLeasing was founded in 2007.
XacLeasing is headquartered in Mongolia.
XacLeasing operates in the following industries: Financial Services.
XacLeasing has approximately 10 employees.
XacLeasing has completed 3 funding rounds, raising a total of $4.35M. The latest funding stage is Debt Financing.
Top alternatives and competitors to XacLeasing include Marketing Investment Consulting Group, Trade and Development Bank of Mongolia - TDBM, DRIVRZ Financial, WM Datenservice, Smartera. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
XacLeasing and Marketing Investment Consulting Group are both companies in similar industries. Compare their funding, team size, growth signals, and market position on Bounce Watch to see which one fits your needs.

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