Top Five Agriculture Equipment Lenders Account for 83.1% of January Total

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 4,870 new agriculture equipment related filings during the month of January 2018.

The top five lenders, in filings, included:

  • Kubota (1,808)
  • John Deere Industrial Credit (1,051)
  • CNH Industrial Capital America (546)
  • Mahindra Finance (345)
  • Farm Credit Services (297)

The top five accounted for 83.1% of the total, or 4,047 units. The top lender, Kubota, which includes Kubota Credit and Kubota Leasing, accounted for a 37.1% share of the total.

The top five lift truck buyers (location/brands/filings) included:

  • Joseph McGee (North Carolina/Deere/21)
  • Wildcat Express (California/Kubota/20)
  • Shanle Brothers Partnership (Nebraska/Deere/20)
  • Delano Farms (California/New-Holland/18)
  • Danielski Harvesting & Farming (Nebraska/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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