Statistical data provided by EDA showed the top 20 lenders in an industry group encompassing agriculture, construction, lift trucks, logging equipment, machine tools, office equipment, printing, trucking and woodworking, in the aggregate, filed financing statements covering a total of 21,989 equipment related filings during the month of June 2018.

The top five lenders, in filings, included:

• Kubota Credit (6,051)
• John Deere Industrial Credit (4,750)
• CNH Industrial Capital America (1,579)
• Caterpillar Financial (1,577)
• Wells Fargo (includes Vendor Financial Services and Financial Leasing) (1,458)

The top lenders accounted for 70.1% of the total, or 15,415 filings. The top lender, Kubota Credit, accounted for a 27.5% share of the total.

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

• Kraft Heinz Foods (Illinois/Toyota, Drexel, Aichi/219)
• ATI Holdings (Illinois/Xerox/177)
• Patterson Dental Supply (Minnesota/Konica Minolta/170)
• Cardinal Innovations (North Carolina/Xerox/140)
• Allied Electric (Texas/Canon/125)

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