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:
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.
Like this story? Begin each business day with news you need to know! Register now for FREE Daily E-News Broadcast and start YOUR day informed!