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 276 logging equipment related filings during the month of May 2018.
The top five lenders, in filings, included:
The top five accounted for 65.2% of the total, or 180 filings. The top lender, John Deere Industrial Credit, accounted for a 19.9% share of the total.
The top five logging equipment buyers (location/brands/filings) included:
The EDA IndustryInsight trend charts provide monthly statistical data on UCC financing activity in the U.S. for sale and lease transactions of equipment.
What will financial services look like in the future? Speakers and attendees tackled this question at the 2018 Commercial Equipment Marketplace Council (CEMC) FinTech Innovation Summit, held at the Ritz-Carlton Laguna Niguel in June. “It was amazing to see so... read more
MONITOR: AI and robotics process automation are hot topics. How close is the equipment finance industry to adoption of these trends and how will it affect large and small lessors? GHAURI: With tens of millions of customers holding loans worth... read more