Top Five Agriculture Equipment Lenders Account for 85.8% of June 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 13,730 new agriculture equipment related filings during the month of June 2018.

The top five lenders, in filings, included:

  • Kubota Credit (4,969)
  • John Deere Industrial Credit (3,661)
  • CNH Industrial Capital America (1,148)
  • DLL (999)
  • Mahindra Finance (998)

The top five accounted for 85.8% of the total, or 11,775 units. The top lender, Kubota Credit, accounted for a 36.2% share of the total.

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

  • Bailey Nurseries (Minnesota/New-Holland, Deere, Case/31)
  • M T A Farms (Washington/Deere/18)
  • Landus Cooperative (Iowa/Rogator, Terragator/17)
  • Wieczorek Harvesting (South Dakota/Deere/15)
  • Swenson Partnership (South Dakota/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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