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 488 new machine tool related filings during the month of January 2018.

The top five lenders, in units, included:

• Banterra Bank (50)
• CNC Associates (49)
• CG Machinery (45)
• Ellison Technologies (43)
• Wells Fargo Equipment Finance (39)

The top five accounted for 46.3% of the total, or 226 units. The top lender, Banterra Bank, accounted for a 10.2% share of the total.

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

• Plastikon Industries (California/Engel, NISSEI/11)
• Aero Dynamic Machining (California/OKK/9)
• Capewell Holdings (Ohio/Haas, SWI/6)
• Basin Precision Machining (Wisconsin Mazak/6)
• Universal Metalworking Equipment (Texas/Sharp/5)

The EDA IndustryInsight trend charts provide monthly statistical data on UCC financing activity in the U.S. for sale and lease transactions of equipment.