Komatsu Financial equipment loans in Virginia

Komatsu Financial holds 214 active equipment financing statements against 112 businesses in Virginia, according to public UCC filings. 50 new filings were recorded in the last 12 months, down 12% on the year before. 46 of these loans reach a typical 36, 48 or 60 month term end in the next six months, an unusually large 21% of the book. Construction is the largest equipment type, at 100%. Captive finance arms of the manufacturers write 100% of it, so dealer relationships matter here. That makes it the number 74 equipment lender in the state by active filings, with 0.3% of lender-held filings. It is classed as captive finance.