March’s Top Woodworking Equipment Lenders Account for 65.5% of Total
MAY 10, 2018 - 8:00 am
Statistical data for the woodworking equipment market provided by EDA showed the top 20 lenders in the segment, in the aggregate, filed financing statements covering a total of 58 woodworking equipment related filings during the month of March 2018.
Tie – Amur Equipment Finance, Stearns Bank, PNC Equipment Finance, Biesse America, Stearns Bank and Vantage Bank (3)
The top lenders, including the six companies tied for fourth place, accounted for 65.5% of the total, or 38 filings. The two lenders tied for first place, IMA Schelling and Wells Fargo, each accounted for a 13.8% share of the total.
The top five woodworking equipment buyers (location/brands/filings) included:
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