Statistical data for the construction equipment market provided by EDA showed the top 20 lenders in the segment, in the aggregate, completed a total of 6,507 new construction equipment related filings during the month of February 2018.

The top five lenders, in units, included:

• Caterpillar Financial Services (1,588)
• Kubota Credit (1,319)
• John Deere Industrial Credit (1,129)
• Wells Fargo (includes Wells Fargo Vendor Financial Services and Wells Fargo Equipment Finance) (863)
• Komatsu Financial (363)

The top five accounted for 80.9% of the total, or 5,262 units. The top lender, Caterpillar Financial Services, accounted for a 24.4% share of the total.

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

• Holt TX (Texas/CAT and Link-Belt/29)
• American Facility Services (Georgia/Advance/19)
• US Trinity Energy Service (Texas/Allmand, CAT/18)
• Energy Lease Services (Texas/Allmand/16)
• RJ Carroll Company (Texas/Bobcat/16)

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