Top Five Logging Equipment Lenders Account for 62 .7% of April Total

Statistical data for the logging equipment market provided by EDA showed the top 20 lenders in the segment, in the aggregate, filed financing statements covering a total of 378 logging equipment related filings during the month of April 2018.

The top five lenders, in filings, included:

  • John Deere Industrial Credit (81)
  • Wells Fargo (includes Wells Fargo Vendor Financial Services and Wells Fargo Equipment Finance) (51)
  • DLL (50)
  • Caterpillar Financial Services (28)
  • Citizens Asset Finance (27)

The top five accounted for 62.7% of the total, or 237 filings. The top lender, John Deere Industrial Credit, accounted for a 21.4% share of the total.

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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