Kubota Credit equipment loans in Connecticut

Kubota Credit holds 1,895 active equipment financing statements against 1,292 businesses in Connecticut, according to public UCC filings. 299 new filings were recorded in the last 12 months, down 10% on the year before. 652 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. Agriculture is the largest equipment type, at 78%. Captive finance arms of the manufacturers write 100% of it, so dealer relationships matter here. That makes it the number 2 equipment lender in the state by active filings, with 3.9% of lender-held filings. It is classed as captive finance.