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Monthly report

Wisconsin Equipment Finance Report, January 2026

Lenders filed 2,732 new UCC financing statements for business equipment in Wisconsin in January 2026, down 28% from the month before and down 2% on the same month a year earlier. John Deere Financial filed the most, 117. NICOLET NATIONAL BANK grew fastest, from 44 to 60. Agriculture was the largest identified equipment category with 235 filings.

2,732

New equipment filings

-28%

Month over month

-2%

Year over year

New equipment filings, last 12 months

Wisconsin, businesses only

3,7721,886Feb 2025: 2,523Feb 25Mar 2025: 2,706Apr 2025: 3,462May 2025: 3,299MayJun 2025: 3,065Jul 2025: 3,004Aug 2025: 2,639AugSep 2025: 2,856Oct 2025: 2,969Nov 2025: 2,323NovDec 2025: 3,772Jan 2026: 2,732Jan 26
New equipment UCC filings per month in Wisconsin, 12 months to January 2026
2025-022523
2025-032706
2025-043462
2025-053299
2025-063065
2025-073004
2025-082639
2025-092856
2025-102969
2025-112323
2025-123772
2026-012732

Top lenders

New filings in January 2026, change from the month before

  1. 1John Deere FinancialCaptive finance117 -17%
  2. 2Caterpillar FinancialCaptive finance67 -16%
  3. 3Heights Finance CorporationIndependent63 -36%
  4. 4NICOLET NATIONAL BANKBank60 +36%
  5. 5Kubota CreditCaptive finance53 -2%
  6. 6FARM CREDIT SERVICES OF AMERICA, PCABank44 -10%
  7. 7Landmark Credit UnionBank43 -31%
  8. 8Compeer Financial, PCAIndependent39 -13%
  9. 9Associated Bank, National AssociationBank37 -10%
  10. 10Royal Credit UnionBank30 -19%

Equipment categories

New filings in January 2026

  1. Equipment, type not stated2,339 · 85.6%
    -29% month over month
  2. Agriculture235 · 8.6%
    -23% month over month
  3. Construction123 · 4.5%
    -19% month over month
  4. IT & office19 · 0.7%
    +19% month over month
  5. Manufacturing9 · 0.3%
    +29% month over month
  6. Vehicles3 · 0.1%
    0% month over month
  7. Trucks & trailers2 · 0.1%
    -75% month over month
  8. Medical2 · 0.1%
    n/a month over month

By lender type

Share of filings with a named lender

  1. Bank1,330 · 49.1%
  2. Other634 · 23.4%
  3. Independent415 · 15.3%
  4. Captive finance329 · 12.1%

Busiest cities

New filings in January 2026

  1. Milwaukee214 · 7.8%
  2. Madison73 · 2.7%
  3. Green Bay50 · 1.8%
  4. Appleton46 · 1.7%
  5. Waukesha46 · 1.7%
  6. Eau Claire40 · 1.5%
  7. Watertown39 · 1.4%
  8. Brookfield37 · 1.4%
  9. Oshkosh28 · 1.0%
  10. De Pere24 · 0.9%

Use this chart

Free to republish with a link back. The image updates if the month's numbers are revised.

New equipment UCC filings in Wisconsin, 12 months to January 2026
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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.

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