Toyota Industries Commercial Finance equipment loans in Virginia

Toyota Industries Commercial Finance holds 427 active equipment financing statements against 266 businesses in Virginia, according to public UCC filings. 42 new filings were recorded in the last 12 months, down 53% on the year before. 147 of these loans reach a typical 36, 48 or 60 month term end in the next six months, an unusually large 34% of the book. Manufacturing 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 37 equipment lender in the state by active filings, with 0.6% of lender-held filings. It is classed as captive finance.