Top Five Office Equipment Lenders Account for 69.6% of May 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 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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Terry Mulreany
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