Top Five Office Equipment Lenders Account for 65.4% of November 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 3,981 office equipment related filings during the month of November 2017.

The top five lenders, in units, included:

  • US Bank Equipment Finance (1,219)
  • Xerox Financial Services (556)
  • Everbank Commercial Finance (329)
  • CIT Bank (255)
  • Wells Fargo Financial Leasing (244)

The top five accounted for 65.4% of the total, or 2,603 units. The top lender, US Bank Equipment Finance, accounted for a 30.6% share of the total.

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

  • Loyola University Maryland (Maryland/Sharp and HP/133)
  • Johnson Controls (Wisconsin/Ricoh/128)
  • Reliant Pro Rehab (Texas/Brother/126)
  • Par Mar Oil (Ohio/Lexmark/90)
  • Jernigan Oil (North Carolina/Kyocera-Mita/74)

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Terry Mulreany
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