Home Beequip Named Winner of the 2026 Securitisation Award in competitive industry vote

Beequip Named Winner of the 2026 Securitisation Award in competitive industry vote

Amsterdam, 24 March 2026

Beequip has been named the recipient of the 2026 Securitisation Award, the Dutch securitisation industry’s most prestigious peer-voted recognition. The award was presented at the annual Securitisation Event, held at the Barbizon Palace in Amsterdam, before an audience of some 300 senior industry stakeholders.

“This appreciation of our inaugural public transaction, HIVE 2025-1, is an honour and means a great deal to us. The deal was a milestone for our funding strategy. This new financing line strengthens our ability to support our customers in growing their businesses and investing in the equipment they need to move forward,” said Thijs Poorthuis, Treasury Manager, Beequip.

Recognised for Outstanding Contribution to the Dutch Market

The Securitisation Award honours a transaction, initiative, or organisation that has made a demonstrable and significant positive impact on the Dutch securitisation market over the past year. This year’s shortlist: Beequip, DCMF-Cerberus, OLB; was selected by an independent advisory board of senior industry practitioners, each of whom presented their case to attendees before the winner was determined by popular vote.

The Securitisation Award advisory board nominated the Beequip HIVE 2025-1 transaction because “this successful equipment finance transaction reflects diversification beyond traditional RMBS. It illustrates how this asset class is scaling and attracting investor demand”.

Thijs Poorthuis, Treasury Manager Beequip, on the road to Winning the 2026 Award:

HIVE 2025-1 is the first public securitisation of specialised heavy equipment lease receivables in the Dutch ABS market. What made this asset class so hard to bring to public markets before now?

“Specialised heavy equipment leases combine several features that historically limited their access to public ABS markets: heterogeneous collateral, SME obligors with limited financial disclosure, and a recovery process that depends heavily on asset remarketing expertise. These characteristics make the asset class operationally intensive and harder to model using traditional consumer or auto ABS frameworks. Beequip addressed this by building a data-driven platform focused on asset values, residual risk and remarketing performance, supported by a servicing infrastructure designed specifically for equipment-backed lending. That operational track record, together with the precedent set by our private transaction, created the transparency and performance history required for a rated public deal.”

Your “equipment first” underwriting philosophy (prioritising asset value over borrower financials) is unconventional. How did you convince institutional investors to get comfortable with that approach as the basis for a rated transaction?

“We focused on demonstrating that our underwriting is not less disciplined, but differently focused. The core of the Beequip model is deep expertise in equipment valuation, liquidity and remarketing, which provides a strong secondary source of repayment. Investors became comfortable through extensive data on asset recoveries, conservative advance rates, and a servicing platform with proven repossession and remarketing capabilities. By combining this asset expertise with robust structural protections in the transaction, we were able to show that an equipment-first approach can translate into a resilient and predictable ABS asset pool.”

HIVE 2025-1 follows Project Spyder, your award-winning private deal. What does moving to a public transaction change for Beequip’s funding strategy and for the SMEs you finance?

“Moving to the public ABS market significantly broadens and diversifies Beequip’s funding base, allowing us to access a deeper pool of institutional investors and scale our platform in a capital-efficient way. For the SMEs we finance, this translates directly into greater availability of equipment financing and more stable funding across market cycles. In that sense, HIVE 2025-1 is not just a funding milestone for Beequip, but an important step in bringing institutional capital to an underserved segment of the Dutch real economy.”

About Beequip and HIVE 2025-1

Rotterdam-based Beequip is specialized in equipment lease for heavy assets such as machinery, vessels and vehicles in the road transport, earth-moving and construction, maritime, cranes and containers sectors. Beequip applies an “equipment‑first” approach, focusing on the intrinsic value of machinery and the entrepreneur’s plans rather than relying solely on traditional financial statements. The structure of HIVE 2025‑1 reflects this philosophy, enabling us to broaden access to equipment financing for even more SMEs. The transaction is backed by a well‑performing and highly diversified pool of assets, showcasing the strength and resilience of our portfolio.

About the Securitisation Award

The award is a joint initiative of Outvie and the Dutch Securitisation Association (DSA). The DSA was established in October 2012 to create a healthy and well-functioning market for Dutch securitisation transactions.

Outvie is a knowledge and network organisation with over 30 years of experience delivering professional development to financial markets practitioners. Its conferences and training programmes are built on independent research, prioritising depth of content, practical applicability, and interactive engagement, providing a foundation for innovation and development across the industry.