Top Five Ag Equipment Lenders Account for 86.2% of Nov Total

Statistical data for the agricultural equipment market provided by EDA showed the top 20 lenders in the segment, in the aggregate, completed a total of 9,052 new agricultural equipment related filings during the month of November 2017.

The top five lenders, in units, included:

  • John Deere Industrial Credit (3,013)
  • Kubota Credit Corp (2,837)
  • CNH Industrial Capital America (802)
  • Mahindra Finance USA (668)
  • DLL (484)

The top five accounted for 86.2% of the total, or 7,804 units. The top lender, John Deere Industrial Credit, accounted for a 33.3% share of the total.

The top five agricultural equipment buyers (location/brands/units) included:

  • Osceola Farms (Florida/Case/40)
  • Sugar Cane Growers Cooperative of Florida (Florida/Deere/30)
  • Duda Farm Fresh Foods (Florida/Deere/20)
  • Gebbers Farm (Washington/Turbo-Mist, Carraro/18)
  • Varner Farms(Arkansas/Deere/18)

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