Statistical data for the lift truck market provided by EDA showed the top 20 lenders in the segment filed a total of 501 financing statements of sale and leasing transactions for new equipment during the month of August 2017.

The top five lenders – Toyota Industries Commercial Finance (TICF), Wells Fargo Bank, De Lage Landen Financial, Wells Fargo Equipment Finance and Nissan Motors Acceptance – accounted for 79% of the total, or 395 units. The top lender, TICF, accounted for 187 units or a 37% share of the total.

The top five Lift Truck equipment buyers (brands) included: Mondelez Global (Crown), Litehouse (Crown), Greengate Fresh (Caterpillar), Pinos Produce (Unicarriers) and Burton Lumber & Hardware (Yale).