Top Five Office Equipment Lenders Account for 65.2% of December Total



Statistical data for the office equipment market provided by EDA showed the top 20 lenders in the segment, in the aggregate, filed financing statements covering a total of 3,015 office equipment related filings during the month of December 2017.

The top five lenders, in units, included:

  • US Bank Equipment Finance (630)
  • Konica Minolta Premier Finance (430)
  • Xerox (includes Xerox Financial Services and Xerox Corp) (357)
  • Wells Fargo Financial Leasing (319)
  • CIT Bank (231)

The top five accounted for 65.2% of the total, or 1,967 units. The top lender, US Bank Equipment Finance, accounted for a 20.9% share of the total.

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

  • Hazelwood School District (Missouri/Konica Minolta and HP/123)
  • Wichita State (Kansas/Xerox/120)
  • Alvord Infield School District (California/Konica Minolta/120)
  • Solutions & More (California/Konica Minolta/103)
  • City of Hollywood, Florida (Florida/Sharp/88)


Like this story? Begin each business day with news you need to know! Click here to register now for our FREE Daily E-News Broadcast and start YOUR day informed!

Leave a comment

View Latest Digital Edition

Terry Mulreany
Subscriptions: 800 708 9373 x130
[email protected]
Susie Angelucci
Advertising: 484.459.3016
[email protected]

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.
www.abfjournal.com