Top Five Agriculture Equipment Lenders Account for 83.1% of January Total
MAR 5, 2018 - 7:50 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 4,870 new agriculture equipment related filings during the month of January 2018.
The top five lenders, in filings, included:
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:
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