Monthly report
Virginia Equipment Finance Report, February 2026
Lenders filed 2,385 new UCC financing statements for business equipment in Virginia in February 2026, up 3% from the month before and up 16% on the same month a year earlier. Caterpillar Financial filed the most, 105. JAMES RIVER EQUIPMENT VIRGINIA, LLC grew fastest, from 2 to 66. Construction was the largest identified equipment category with 140 filings.
New equipment filings
Month over month
Year over year
New equipment filings, last 12 months
Virginia, businesses only
| 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 |
| 2026-02 | 2385 |
Top lenders
New filings in February 2026, change from the month before
- 1Caterpillar FinancialCaptive finance105 -17%
- 2JAMES RIVER EQUIPMENT VIRGINIA, LLCIndependent66 +3200%
- 3DLLIndependent61 +281%
- 4John Deere FinancialCaptive finance59 -40%
- 5WEBBANK, its successors and assigneesBank47 +15%
- 6Kubota CreditCaptive finance45 -30%
- 7PNC Bank, National AssociationBank35 +133%
- 8Wells Fargo Vendor Financial Services, LLCBank30 -19%
- 9First-Citizens Bank and Trust CompanyBank27 0%
- 10Bank of America, N.A., as Collateral AgentBank26 +30%
Equipment categories
New filings in February 2026
- Equipment, type not stated2,112 · 88.6%+7% month over month
- Construction140 · 5.9%-28% month over month
- Agriculture120 · 5.0%-5% month over month
- IT & office8 · 0.3%-38% month over month
- Manufacturing5 · 0.2%-17% month over month
- Vehicles0 · 0.0%-100% month over month
- Trucks & trailers0 · 0.0%-100% month over month
By lender type
Share of filings with a named lender
- Other869 · 36.7%
- Bank717 · 30.3%
- Independent537 · 22.7%
- Captive finance246 · 10.4%
Busiest cities
New filings in February 2026
- Richmond151 · 6.3%
- Virginia Beach113 · 4.7%
- Alexandria67 · 2.8%
- Chesapeake60 · 2.5%
- Fredericksburg57 · 2.4%
- Sterling55 · 2.3%
- Fairfax49 · 2.1%
- Norfolk44 · 1.8%
- Falls Church42 · 1.8%
- Roanoke42 · 1.8%
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.