Top Five Office Equipment Lenders Account for 65.4% of November Total
JAN 5, 2018 - 6:57 am
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)
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