Statistical data for the construction equipment market provided by EDA showed the lenders in the segment, in the aggregate, completed a total of 11,167 new construction equipment related filings during the month of November 2018.

The top five lenders, in units, included:

• Caterpillar Financial Services (1,266)
• John Deere Industrial Credit (1,211)
• Wells Fargo (includes Wells Fargo Vendor Financial Services, Wells Fargo Equipment Finance) (942)
• Kubota Credit (922)
• CNH Industrial Credit (483)

The top five accounted for 43.2% of the total, or 4,824 units. The top lender, Caterpillar Financial Services, accounted for a 11.3% share of the total.

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

• Fairview Woodyard (Fairview, MI/TigerCat/4)
• Lewis Tree Service (West Henrietta, NY/Vermeer/4)
• Tree Service Kings (Canoga Park, CA/Vermeer/4)
• Cut Stock (Fairview, MI/ TigerCat/4)
• D&S Recycling (Myrtle Beach, SC /Deere/3)

The EDA IndustryInsight trend charts provide monthly statistical data on UCC financing activity in the U.S. for sale and lease transactions of new equipment.