Monthly report
Virginia Equipment Finance Report, November 2025
Lenders filed 2,085 new UCC financing statements for business equipment in Virginia in November 2025, down 13% from the month before and up 6% on the same month a year earlier. John Deere Financial filed the most, 92. JPMorgan Chase Bank, NA grew fastest, from 15 to 53. Construction was the largest identified equipment category with 165 filings.
New equipment filings
Month over month
Year over year
New equipment filings, last 12 months
Virginia, businesses only
| 2024-12 | 2566 |
|---|---|
| 2025-01 | 2379 |
| 2025-02 | 2061 |
| 2025-03 | 2420 |
| 2025-04 | 2490 |
| 2025-05 | 2310 |
| 2025-06 | 2195 |
| 2025-07 | 2451 |
| 2025-08 | 2234 |
| 2025-09 | 2310 |
| 2025-10 | 2396 |
| 2025-11 | 2085 |
Top lenders
New filings in November 2025, change from the month before
- 1John Deere FinancialCaptive finance92 +8%
- 2Caterpillar FinancialCaptive finance91 -18%
- 3JPMorgan Chase Bank, NABank53 +253%
- 4Wells Fargo Vendor Financial Services, LLCBank40 +43%
- 5First-Citizens Bank and Trust CompanyBank35 +21%
- 6Kubota CreditCaptive finance28 -38%
- 7Bank of America, N.A., as Collateral AgentBank28 +155%
- 8WEBBANK, its successors and assigneesBank24 -20%
- 9ATLANTIC UNION BANKBank23 +21%
- 10DLLIndependent21 -19%
Equipment categories
New filings in November 2025
- Equipment, type not stated1,820 · 87.3%-13% month over month
- Construction165 · 7.9%-2% month over month
- Agriculture85 · 4.1%-33% month over month
- IT & office10 · 0.5%+25% month over month
- Manufacturing4 · 0.2%0% month over month
- Trucks & trailers1 · 0.0%-50% month over month
- Vehicles0 · 0.0%-100% month over month
- Medical0 · 0.0%-100% month over month
By lender type
Share of filings with a named lender
- Other760 · 36.9%
- Bank646 · 31.3%
- Independent393 · 19.1%
- Captive finance262 · 12.7%
Busiest cities
New filings in November 2025
- Richmond95 · 4.6%
- Virginia Beach93 · 4.5%
- Blacksburg69 · 3.3%
- Alexandria58 · 2.8%
- Chesapeake52 · 2.5%
- Manassas45 · 2.2%
- Norfolk43 · 2.1%
- Fredericksburg38 · 1.8%
- Charlottesville36 · 1.7%
- Newport News34 · 1.6%
Use this chart
Free to republish with a link back. The image updates if the month's numbers are revised.
The businesses behind these filings
Every filing in this report is in the Radar with the business, the equipment and a score for when it's likely to finance again.