Top Five Logging Equipment Lenders Account for 63.9% of June Total
AUG 17, 2018 - 12:26 pm
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 274 logging equipment related filings during the month of June 2018.
The top five lenders, in filings, included:
John Deere Industrial Credit (64)
Wood Mizer (29)
Caterpillar Financial Services (24)
Kubota Credit (22)
The top five accounted for 63.9% of the total, or 175 filings. The top lender, John Deere Industrial Credit, accounted for a 23.4% share of the total.
The top five logging equipment buyers (location/brands/filings) included:
Collis Crane Works (Kansas/Rotobec/4)
Robert Parmer Jr. (Georgia/TimberKing/3)
Charles Ledbetter Logging (Arkansas/Deere/3)
Lewis Tree Service (New York/Morbark, Rotobec/3)
Robert Jones (North Carolina/Norwood/2)
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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