Top Five Agriculture Equipment Lenders Account for 62.2% of September Total


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Statistical data for the agriculture equipment market provided by EDA showed the top 20 lenders in the segment, in the aggregate, filed financing statements covering a total of 12,478 new agriculture equipment related filings during the month of September 2018.

The top five lenders, in filings, included:

  • Kubota Credit (3,409)
  • John Deere Industrial Credit (2,622)
  • CNH Industrial Capital America (647)
  • DLL (554)
  • Mahindra Finance (528)

The top five accounted for 62.2% of the total, or 7,760 units. The top lender, Kubota Credit, accounted for a 27.3% share of the total.

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

  • Walsh Vineyards (Napa, CA/New-Holland/25)
  • Primavera Harvest (Santa Maria, CA/Deere/18)
  • Worsham Farms Partnership (Camilla, GA/Deere/16)
  • Petersen Farms (Grand Island, NE/Deere/12)
  • Kueters Fish Co (Paragould, AR/Deere/13)

The EDA IndustryInsight trend charts provide monthly statistical data on UCC financing activity in the U.S. for sale and lease transactions of equipment.

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Terry Mulreany
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terry.mulreany@monitordaily.com
Susie Angelucci
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susie.angelucci@monitordaily.com

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