About Merchant Rentals
Merchant Rentals is a Financial Services company based in Haydock (United Kingdom) founded in 2002, and was acquired by PayPoint in November 2020. Provider of payment terminal finance and short-term hire solutions. Its chief executive, as recorded, is Nick Wiles. Merchant Rentals offers products and services including Payment Terminal Finance and Short Term Hire. Its focus areas include Asset Finance, Machinery and Equipment and Diversified. Its legal entity is MERCHANT RENTALS LIMITED. Its competitors include Kingsway Asset Finance, Azule and Asset Advantage Group.
Company details
Founded in 2002 and based in Haydock, United Kingdom, Merchant Rentals operates in the financial services sector focused on point-of-sale equipment. Flexible finance options are provided for payment terminals, allowing businesses to avoid outright purchases. Short-term hire solutions enable access to equipment without long-term commitments. Tailor-made financing arrangements are designed to meet varying business requirements in the payments industry.
- Headquarters Haydock, United Kingdom
- Stage Acquired
- SectorsFinancial Services
- Email••••••••
- Phone•••• ••••
- Website merchantrentals.co.uk
- Social LinkedIn X Facebook
- Acquired by PayPoint (Nov 2020)
- Legal Name Merchant Rentals Limited
- Date of Incorporation 21 May, 2002
- Jurisdiction WELWYN GARDEN, ENGLAND
Products & Services of Merchant Rentals
Merchant Rentals offers a comprehensive portfolio of products and services, including Payment Terminal Finance and Short Term Hire.
Provides flexible financing for point-of-sale equipment to businesses.
Offers short-term rental of payment terminals without long contracts.
Investors in Merchant Rentals
Merchant Rentals has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include PayPoint.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Payment collection networks and management solutions are provided for businesses. | 1996 | paypoint.com | Welwyn Garden City, United Kingdom |
Investor details for Merchant Rentals
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People of Merchant Rentals
1 people are tracked at Merchant Rentals (1 in leadership).
| Name | Role | Group |
|---|---|---|
Nick Wiles | CEO | Leadership |
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Timeline of Merchant Rentals
2 dated milestones of Merchant Rentals across 18 years, from founding to its latest funding, stage changes and deals.
- Founded Merchant Rentals is founded.
- Exit Acquired by PayPoint.
Competitors of Merchant Rentals
Merchant Rentals has 3 listed competitors in our database. They include Kingsway Asset Finance, Azule and Asset Advantage Group.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| kingswayfinance.co.uk | 1992 | Wilmslow, United Kingdom | 3 | Asset finance and leasing for diverse equipment are offered. | ||
| azule.co.uk | 2004 | Datchet, United Kingdom | 152 | Provider equipment leasing and business loans for broadcasting and media industry | ||
| assetadvantage.co.uk | 1995 | Basingstoke, United Kingdom | Equipment financing services are provided to businesses in the UK. |
Detailed competitors of Merchant Rentals
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Related news about Merchant Rentals
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Frequently Asked Questions about Merchant Rentals
Merchant Rentals was founded in 2002.
Merchant Rentals is headquartered in Haydock, United Kingdom. It is registered at Haydock, Merseyside, United Kingdom.
Nick Wiles is the CEO of Merchant Rentals, as recorded in our data.
Annual revenue of Merchant Rentals is $9.73K as on Mar 31, 2023.
Founded in 2002 and based in Haydock, United Kingdom, Merchant Rentals operates in the financial services sector focused on point-of-sale equipment. Flexible finance options are provided for payment terminals, allowing businesses to avoid outright purchases. Short-term hire solutions enable access to equipment without long-term commitments. Tailor-made financing arrangements are designed to meet varying business requirements in the payments industry.
Merchant Rentals's top competitors include Azule, Kingsway Asset Finance and Asset Advantage Group.
Merchant Rentals offers Payment Terminal Finance and Short Term Hire.
Merchant Rentals has 1 investor. Key investors include PayPoint.
Merchant Rentals operates through Merchant Rentals Limited.
Yes. Merchant Rentals was acquired by PayPoint in November 2020.