Top Five Agriculture Equipment Lenders Account for 81.2% of April Total
JUN 5, 2018 - 7:18 am
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 10,703 new agriculture equipment related filings during the month of April 2018.
The top five lenders, in filings, included:
Kubota Credit (3,338)
John Deere Industrial Credit (2,603)
Mahindra Finance (1,033)
CNH Industrial Capital America (946)
The top five accounted for 81.2% of the total, or 8,692 units. The top lender, Kubota Credit, accounted for a 31.2% share of the total.
The top five agricultural equipment buyers (location/brands/filings) included:
Four Star Fruit (California/New-Holland/23)
Shane Peed (Nebraska/Deere/20)
Lone Creek Cattle (Nebraska/Deere/20)
W D Ent LLC (Idaho/Deere/17)
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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