Monthly report
Virginia Equipment Finance Report, March 2026
Lenders filed 2,711 new UCC financing statements for business equipment in Virginia in March 2026, up 14% from the month before and up 12% on the same month a year earlier. Caterpillar Financial filed the most, 126. John Deere Financial grew fastest, from 59 to 120. Construction was the largest identified equipment category with 199 filings.
New equipment filings
Month over month
Year over year
New equipment filings, last 12 months
Virginia, businesses only
| 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 |
| 2026-03 | 2711 |
Top lenders
New filings in March 2026, change from the month before
- 1Caterpillar FinancialCaptive finance126 +20%
- 2John Deere FinancialCaptive finance120 +103%
- 3Wells Fargo Vendor Financial Services, LLCBank45 +50%
- 4ATLANTIC UNION BANKBank45 +80%
- 5DLLIndependent39 -36%
- 6Kubota CreditCaptive finance38 -16%
- 7TowneBankBank31 +24%
- 8PNC Bank, National AssociationBank27 -23%
- 9Wells Fargo Bank, N.A.Bank25 +213%
- 10GreatAmerica Financial Services CorporationIndependent24 +118%
Equipment categories
New filings in March 2026
- Equipment, type not stated2,362 · 87.1%+12% month over month
- Construction199 · 7.3%+42% month over month
- Agriculture139 · 5.1%+16% month over month
- IT & office6 · 0.2%-25% month over month
- Vehicles2 · 0.1%n/a month over month
- Manufacturing2 · 0.1%-60% month over month
- Trucks & trailers1 · 0.0%n/a month over month
By lender type
Share of filings with a named lender
- Other942 · 35.0%
- Bank863 · 32.1%
- Independent547 · 20.3%
- Captive finance338 · 12.6%
Busiest cities
New filings in March 2026
- Richmond130 · 4.8%
- Virginia Beach125 · 4.6%
- Alexandria64 · 2.4%
- Fairfax63 · 2.3%
- Manassas59 · 2.2%
- Fredericksburg58 · 2.1%
- Arlington57 · 2.1%
- Roanoke57 · 2.1%
- Newport News54 · 2.0%
- Chesapeake50 · 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.
