Top Five Woodworking Equip Lenders Account for 67.2% of November Total
JAN 9, 2018 - 7:14 am
Statistical data for the woodworking equipment market provided by EDA showed the top 20 lenders in the segment, in the aggregate, filed financing statements covering a total of 64 woodworking equipment related filings during the month of November 2017.
The top five lenders, in units, included:
Wells Fargo Equipment Finance (19)
Unifi Equipment Finance (6)
TCF Equipment Finance (5)
Stearns Bank (4)
The top five accounted for 67.2% of the total, or 43 units. The top lender, Wells Fargo Equipment Finance, accounted for a 29.7% share of the total.
The top five woodworking equipment buyers (location/brands/units) included:
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