Top Five Office Equipment Lenders Account for 69.6% of May Total
JUL 10, 2018 - 6:38 am
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 115 office equipment related filings during the month of May 2018.
The top five lenders, in filings, included:
Geneva Capital (44)
Tie- ENGS Commercial Finance and People’s Capital & Leasing (7)
Tie- Heidelberg USA and Wilmington Savings Fund Society (6)
Tie- Amur Equipment Finance and TCF Equipment Finance (5)
The top five, including all ties, accounted for 69.6% of the total, or 80 filings. The top lender, Geneva Capital, accounted for a 38.3% share of the total.
The top five office equipment buyers (location/brands/filings) included:
Dee Paper (Pennsylvania/Bobst/4)
Grand Traverse Continuous (Michigan/Heidelberg, Glunz & Jensen/2)
Terumo BCT (Colorado/HP/2)
Ocean Design Group (Pennsylvania/Durst, Esko/2)
Hunter Graphix & Sign (Oklahoma/HP/2)
The EDA IndustryInsight trend charts provide monthly statistical data on UCC financing activity in the U.S. for sale and lease transactions of equipment.
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