Top Five Logging Equipment Lenders Account for 65.2% of May 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 276 logging equipment related filings during the month of May 2018.

The top five lenders, in filings, included:

  • John Deere Industrial Credit (55)
  • DLL (55)
  • Caterpillar Financial Services (33)
  • Wells Fargo Vendor Financial Services (21)
  • Wood Mizer (16)

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:

  • Davey Tree Expert Company (Ohio/Altec/7)
  • West Coast Aggregate Supply (California/Vermeer/5)
  • Lewis Tree Service (New York/Morbark/5)
  • JAFLO (Pennsylvania/Altec/3)
  • B.R. Ellis Timber (North Carolina/CSI, Deere/3)

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!

  • Hidden
  • RAM Group Holdings does not share or sell your personal information. The information we ask you to furnish is limited to what is needed to process your order fully and completely. You may unsubscribe at any time. View our Privacy Policy.
  • Please Confirm permission for Monitor/Monitordaily to e-mail you.
  • Hidden

Leave a comment

View Latest Digital Edition

Terry Mulreany
Subscriptions: 800 708 9373 x130
Susie Angelucci
Advertising: 484.459.3016

View Latest Digital Edition

Visit our sister website for news, information, exclusive articles,
deal tables and more on the asset-based lending, factoring,
and restructuring industries.