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 78 woodworking equipment related filings during the month of January 2018.

The top five lenders, in units, included:

• Biesse America (19)
• Wells Fargo (includes Wells Fargo Equipment Finance, Wells Fargo Bank and Wells Fargo Vendor Financial Services) (13)
• Geneva Capital (8)
• UniFi Equipment Finance (7)
• US Bank Equipment Finance (6)

The top five accounted for 67.9% of the total, or 53 units. The top lender, Biesse America, accounted for a 24.4% share of the total.

The top five woodworking equipment buyers (location/brands/filings) included:

• ProLam Products (Illinois/HOMAG/4)
• Fineline Woodworks (California/SCMI, Routech/3)
• Champion Construction & Development (Florida/Nextech/2)
• Russell Carroll Manufacturing (North Carolina/ORMA, BELFAB/2)
• DJR Holdings (Iowa/Biesse/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.