Kubota Credit equipment loans in Virginia

Kubota Credit holds 2,001 active equipment financing statements against 1,512 businesses in Virginia, according to public UCC filings. 377 new filings were recorded in the last 12 months, down 29% on the year before. 531 of these loans reach a typical 36, 48 or 60 month term end in the next six months, an unusually large 27% of the book. Agriculture 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 4 equipment lender in the state by active filings, with 2.7% of lender-held filings. It is classed as captive finance.