Top Five Lift Truck Lenders Account for 67.8% of September Total
NOV 8, 2017 - 7:01 am
Statistical data for the lift truck equipment market provided by EDA showed the top 20 lenders in the segment, in the aggregate, filed financing statements covering a total of 764 new lift truck related filings during the month of September 2017.
The top five lenders, in units, included:
Toyota Industries Commercial Finance (217)
Wells Fargo (140)
PNC Equipment Finance (63)
Nissan Motor Acceptance (49)
Wells Fargo Equipment Finance (48)
The top five accounted for 67.8% of the total, or 517 units. The top lender, Toyota, accounted for a 28.4% share of the total.
The top five lift truck buyers included:
Allen Distribution, Carlisle, PA
Shippers Warehouse, Dallas
Hall’s Warehouse, Plainfield, NJ
Source Logistics, Russellville, AR
Monterey Mushrooms, Watsonville, CA
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