Statistical data for the machine tool equipment market provided by EDA showed the top 20 lenders in the segment, in the aggregate, filed financing statements covering a total of 531 new machine tool related filings during the month of December 2017.

The top five lenders, in units, included:

• CNC Associates (106)
• Banterra Bank (39)
• US Bank Equipment Finance (35)
• Wells Fargo Equipment Finance (32)
• Methods Machine Tools (31)

The top five accounted for 45.8% of the total, or 243 units. The top lender, CNG Associates, accounted for a 20% share of the total.

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

• DC Machine (South Carolina/Takamaz, OKK/Eight)
• New England Airfoil Products (Connecticut/Okuma/Six)
• Intricon (Minnesota/Kraussmaffei/Five)
• Lou Rich (Minnesota/Haas, Zeiss, Mazak/Five)
• Vander-Bend Manufacturing (California/Mazak, Zeiss, Doosan, Haas/Five)