Top Five Logging Equipment Lenders Account for 73.5% of December 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 223 logging equipment related filings during the month of December 2017.

The top five lenders, in units, included:

  • John Deere (63)
  • DLL (36)
  • Caterpillar Financial Services (32)
  • Wells Fargo (includes Wells Fargo Vendor Financial Services and Wells Fargo Equipment Finance) (19)
  • Stearns Bank (14)

The top five accounted for 73.5% of the total, or 164 units. The top lender, John Deere, accounted for a 28.3% share of the total.

The top five logging equipment buyers (location/brands/units) included:

  • Dustin Young Logging (Arkansas/Deere, Barko, CIS/Five)
  • Evans Logging (North Carolina/CAT and CSI/Four)
  • Duff Timber (Mississippi/Deere and CSI/Four)
  • West Coast Arborists (California/Vermeer/Three)
  • Ctl Forest Management (California/Deere/Three)


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