Top Five Agriculture Equipment Lenders Account for 86.1% of February 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 7,948 new agriculture equipment related filings during the month of February 2018.

The top five lenders, in filings, included:

  • Kubota Credit (2,839)
  • John Deere Industrial Credit (2,118)
  • CNH Industrial Capital America (1,095)
  • AGCO Finance (423)
  • Mahindra Finance (367)

The top five accounted for 86.1% of the total, or 6,842 units. The top lender, Kubota Credit accounted for a 35.7% share of the total.
The top five agricultural equipment buyers (location/brands/filings) included:

  • Grimmway Farms (California/Case/61)
  • David Corbett Farms (Georgia/Valley/34)
  • Triple R Transportation (California/Kubota/20)
  • Danielski Harvesting & Farming (Nebraska/Deere/16)
  • Monson Fruit Company (Washington/Kubota/15)

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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