Top Five Agriculture Equipment Lenders Account for 83.1% of March 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 7,408 new agriculture equipment related filings during the month of March 2018.

The top five lenders, in filings, included:

  • John Deere Industrial Credit (2,337)
  • Kubota Credit (2,018)
  • Mahindra Finance (652)
  • CNH Industrial Capital America (644)
  • AGCO Finance (502)

The top five accounted for 83.1% of the total, or 6,153 units. The top lender, John Deere Industrial Credit, accounted for a 31.5% share of the total.

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

  • N/A (Kansas/Deere/15)
  • West Wheatland (California/Deere/13)
  • Frederick Belk Farms (Mississippi/Deere/12)
  • Sharpe Land & Cattle (Missouri/Deere/12)
  • Gary Smith SLS INC (Arkansas/LS-Tractor/11)

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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