1st Source Bank, Construction Equipment Division equipment loans in Colorado

1st Source Bank, Construction Equipment Division holds 146 active equipment financing statements against 40 businesses in Colorado, according to public UCC filings. 27 new filings were recorded in the last 12 months, up 93% on the year before. 49 of these loans reach a typical 36, 48 or 60 month term end in the next six months, an unusually large 34% of the book. Construction is the largest equipment type, at 25%. Banks and credit unions hold 100%, more than captives and independents. That makes it the number 104 equipment lender in the state by active filings, with 0.2% of lender-held filings. It is classed as bank.