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Monthly report

Wisconsin Equipment Finance Report, February 2026

Lenders filed 2,607 new UCC financing statements for business equipment in Wisconsin in February 2026, down 5% from the month before and up 3% on the same month a year earlier. Heights Finance Corporation filed the most, 76. Heights Finance Corporation grew fastest, from 63 to 76. Agriculture was the largest identified equipment category with 170 filings.

2,607

New equipment filings

-5%

Month over month

+3%

Year over year

New equipment filings, last 12 months

Wisconsin, businesses only

3,7721,886Mar 2025: 2,706Mar 25Apr 2025: 3,462May 2025: 3,299Jun 2025: 3,065JunJul 2025: 3,004Aug 2025: 2,639Sep 2025: 2,856SepOct 2025: 2,969Nov 2025: 2,323Dec 2025: 3,772DecJan 2026: 2,732Feb 2026: 2,607Feb
New equipment UCC filings per month in Wisconsin, 12 months to February 2026
2025-032706
2025-043462
2025-053299
2025-063065
2025-073004
2025-082639
2025-092856
2025-102969
2025-112323
2025-123772
2026-012732
2026-022607

Top lenders

New filings in February 2026, change from the month before

  1. 1Heights Finance CorporationIndependent76 +21%
  2. 2John Deere FinancialCaptive finance73 -38%
  3. 3Compeer Financial, PCAIndependent41 +5%
  4. 4NICOLET NATIONAL BANKBank40 -33%
  5. 5CNH Industrial CapitalCaptive finance37 +28%
  6. 6FARM CREDIT SERVICES OF AMERICA, PCABank34 -23%
  7. 7Bank First, N.A.Bank34 +42%
  8. 8Landmark Credit UnionBank33 -23%
  9. 9Caterpillar FinancialCaptive finance31 -54%
  10. 10DLLIndependent29 +16%

Equipment categories

New filings in February 2026

  1. Equipment, type not stated2,348 · 90.1%
    0% month over month
  2. Agriculture170 · 6.5%
    -28% month over month
  3. Construction62 · 2.4%
    -50% month over month
  4. Manufacturing11 · 0.4%
    +22% month over month
  5. IT & office8 · 0.3%
    -58% month over month
  6. Trucks & trailers4 · 0.2%
    +100% month over month
  7. Vehicles3 · 0.1%
    0% month over month
  8. Medical1 · 0.0%
    -50% month over month

By lender type

Share of filings with a named lender

  1. Bank1,243 · 48.0%
  2. Other676 · 26.1%
  3. Independent460 · 17.8%
  4. Captive finance212 · 8.2%

Busiest cities

New filings in February 2026

  1. Milwaukee175 · 6.7%
  2. Green Bay62 · 2.4%
  3. Appleton60 · 2.3%
  4. Madison49 · 1.9%
  5. Waukesha34 · 1.3%
  6. Oshkosh33 · 1.3%
  7. Rhinelander33 · 1.3%
  8. Janesville32 · 1.2%
  9. Brookfield30 · 1.2%
  10. Racine30 · 1.2%

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 February 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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Wisconsin data

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