Monthly report
Virginia Equipment Finance Report, January 2026
Lenders filed 2,319 new UCC financing statements for business equipment in Virginia in January 2026, down 49% from the month before and down 3% on the same month a year earlier. Caterpillar Financial filed the most, 126. Kubota Credit grew fastest, from 43 to 64. Construction was the largest identified equipment category with 194 filings.
New equipment filings
Month over month
Year over year
New equipment filings, last 12 months
Virginia, businesses only
| 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 |
| 2025-12 | 4530 |
| 2026-01 | 2319 |
Top lenders
New filings in January 2026, change from the month before
- 1Caterpillar FinancialCaptive finance126 +4%
- 2John Deere FinancialCaptive finance99 -19%
- 3Kubota CreditCaptive finance64 +49%
- 4WEBBANK, its successors and assigneesBank41 +37%
- 5ATLANTIC UNION BANKBank40 +43%
- 6Wells Fargo Vendor Financial Services, LLCBank37 0%
- 7TowneBankBank31 -30%
- 8First-Citizens Bank and Trust CompanyBank27 -29%
- 9Truist BankBank23 -15%
- 10Bank of America, N.A., as Collateral AgentBank20 -35%
Equipment categories
New filings in January 2026
- Equipment, type not stated1,976 · 85.2%-52% month over month
- Construction194 · 8.4%-11% month over month
- Agriculture126 · 5.4%-19% month over month
- IT & office13 · 0.6%+8% month over month
- Manufacturing6 · 0.3%+20% month over month
- Vehicles2 · 0.1%n/a month over month
- Trucks & trailers2 · 0.1%n/a month over month
By lender type
Share of filings with a named lender
- Other797 · 34.7%
- Bank738 · 32.1%
- Independent425 · 18.5%
- Captive finance338 · 14.7%
Busiest cities
New filings in January 2026
- Richmond149 · 6.4%
- Virginia Beach109 · 4.7%
- Chesapeake74 · 3.2%
- Norfolk57 · 2.5%
- Fredericksburg52 · 2.2%
- Alexandria48 · 2.1%
- Fairfax43 · 1.9%
- Charlottesville42 · 1.8%
- Sterling37 · 1.6%
- Manassas36 · 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.