Progressive Leasing - 37 Competitors and alternatives in Jun 2024 - Tracxn (2024)

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Progressive Leasing - 37 Competitors and alternatives in Jun 2024 - Tracxn (1)

Provider of online asset based loans

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Competitive Landscape of Progressive Leasing

Rank

1st

Among 46 Competitors

Active Competitors

37

2 Funded / 2 Exited / 2 Acquired

Funding of competitors of

Progressive Leasing

$30.2M

9 Funding Rounds

Top 10 competitors of Progressive Leasing, ranked by Tracxn score:

Filter this list

1. Frec

Provider of margin lending services

Founded Year
2021

Funding
$26.4M
Location
San Francisco (United States)
Investors

Greylock, Social Leverage

and5 Others

Stage
Series A
Tracxn Score
49/100What is this?

2. Title Max

Direct lender for car and motorcycle title/pawn loans

Founded Year
1998

Stage
Funding Raised
Location
Savannah (United States)
Tracxn Score
29/100What is this?

Title Max is a direct lender for car and motorcycle title and pawn loans. The application can be made either at the stores or online, with a claimed disbursem*nt time of 30 minutes. The loan amount depends on the appraisal of the vehicle and can go up to $10K. The borrower retains the vehicle, and the title is returned back post last repayment.

3. GMFS Mortgage

Provider of consumer mortgage loans

Founded Year
1999

Stage
Unfunded
Location
Baton Rouge (United States)
Tracxn Score
24/100What is this?

4. Ten Minute Title Loans

Direct lender for auto title loans

Founded Year
2014

Funding
$1.62M
Location
Santa Monica (United States)
Tracxn Score
24/100What is this?

Stage
Seed

Ten Minute Title Loans is a platform for loans against car, motorcycle, boat or RV titles. The applicant needs to fill an online application to find out how much he/she can borrow against the vehicle. Loan amounts provided are up to 70% of the assessed value. A visit to the store is required for routine inspection of the vehicle and usually takes less than 15 minutes. The platform also offers to refinance existing car title loans, and claims to lower rates by at least 10%. The lender is active in California and has also raised some venture capital financing.

5. BuckUp

Online marketplace for consumer loans based on the value of tech gadgets

Founded Year
2020
Investors

Techstars

and1 Other

Location
Birmingham (United States)
Tracxn Score
17/100What is this?

Stage
Funding Raised

Online marketplace for consumer loans based on the value of tech gadgets. Users can deposit the tech gadgets such as mobile phones, tablets, headphones, and more in the locker. Loans are transferred to the user's registered account.

Progressive Leasing - 37 Competitors and alternatives in Jun 2024 - Tracxn (13)

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6. LuxLoanz

Provider of loans collateralized by luxury assets

Founded Year
2015
Investors

Studio VC

and1 Other

Location
Miami (United States)

Stage
Deadpooled

LuxLoanz is an asset-backed lender offering loans collateralized by luxury assets such as gemstones and jewelry, watches, exotic and collectible automobiles, wine collections, fine art, yachts, and jets. LuxLoanz can be contacted online or over the phone. A home/office visit also may be requested. An estimate is provided, a post which the valuable is to be shipped to LuxLoanz's storage facility. A qualified appraiser is available onsite to assess the value of your asset. Once the asset is appraised, a final offer and contract is emailed.

7. Heracles

Asset-backed credit cards

Founded Year
2019
Investors

SciFi, Resolute Ventures

and2 Others

Location
Burlingame (United States)
Tracxn Score
17/100What is this?

Stage
Funding Raised

Heracles provides asset-backed credit cards to consumers. It uses technology & operations that enable consumers to reduce credit card debt. It also provides financial advisory services to businesses in order to reduce the cost of capital.

8. Clave

Online marketplace offering diversified asset-backed loans

Founded Year
2019

Stage
Unfunded
Location
Greenwich (United States)
Tracxn Score
17/100What is this?

9. Lendvo

Provider of working capital loans to digital businesses.

Founded Year
2015

Funding
$2.14M
Location
Alexandria (United States)
Tracxn Score
13/100What is this?

Stage
Deadpooled

Lendvo is a online lender for working capital loans to digital businesses. It claims to use itsproprietary underwriting process to evaluates a potential borrowers’ digital assets(domain names). It offerssecured loans and require a lien filing on the business assets and a personal guaranty from the primary business owner(s).It also offers loans for buyingdomain names.Lendvo loans range from $5,000 to $100,000 in size and for a tenure of 1 to 18 months.

10. Dollar Loan Center

Short-term community lender in California, Nevada, South Dakota and Utah

Founded Year
1998

Stage
Unfunded
Location
Los Angeles (United States)
Tracxn Score
12/100What is this?

Dollar Loan Center is an online short term loan provider which acts ascommunity lenderwith its 80 locations in California, Nevada, South Dakota and Utah. It offers installment loans up to $2500 instantly as an alternative to pay-day loan and Car Title Loans up to 80% of your vehicle's value(or max. $10000). Users can apply online for each of these loans and get required quotation.

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Progressive Leasing - 37 Competitors and alternatives in Jun 2024 - Tracxn (24)

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Competitor Analysis of Progressive Leasing

How much funding have Progressive Leasing's competitors raised?

Progressive Leasing

's competitors have raised a total of

$30.2M

funding across 9 funding rounds

. See the distribution of funded competitors of

Progressive Leasing

below.

Company name

Total Funding

Founded Year

Frec

$26.4M

2021

Lendvo

$2.14M

2015

Ten Minute Title Loans

$1.62M

2014

View all Progressive Leasing Competitors here

Frequently asked questions about Progressive Leasing's competitors

Where does Progressive Leasing rank among its competitors?

Progressive Leasing

ranks

1st among

46

competitor

s

.

Competitor

s

include Frec,

Title Max and

GMFS Mortgage

How many competitors does Progressive Leasing have?

Progressive Leasing

has 46 competitors, of which 37 are active

, 2 are funded and 2 have exited

.

Who are the newest competitors of Progressive Leasing?

The newest competitor

s

of

Progressive Leasing

are

NFTYDoor,

Pathway Home Mortgage and

Loaning.

1.8M+

Entities

1,800+

Feeds

40K+

Taxonomy Nodes

1,000+

Reports every quarter

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Progressive Leasing - 37 Competitors and alternatives in Jun 2024 - Tracxn (2024)
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