Kubota Credit equipment loans in Florida

Kubota Credit holds 11,247 active equipment financing statements against 7,486 businesses in Florida, according to public UCC filings. 2,826 new filings were recorded in the last 12 months, down 10% on the year before. 2,384 of these loans reach a typical 36, 48 or 60 month term end in the next six months, an unusually large 21% of the book. Agriculture is the largest equipment type, at 100%. 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.