Updated November 11, 2026
Equipment financing activity in Pennington Gap, VA
Pennington Gap has 48 active UCC filings for equipment across 29 businesses, about 1.7 per business, so repeat borrowers are common. 5 new filings were recorded in the last 12 months, down 62% on the year before. 14 of these loans reach a typical 36, 48 or 60 month term end in the next six months, an unusually large 29% of the book. LEE BANK & TRUST CO dominates with 27% of active filings. Construction is the largest equipment type, at 17%. Banks and credit unions hold 42%, more than captives and independents.
Active equipment filings
Likely ending in the next 6 months
36, 48 or 60 month term
Businesses with active filings
New filings, last 12 months
-62% on the year before
New equipment filings by month
Pennington Gap, VA, last 24 months. The current month is still coming in.
| 2024-12 | 2 |
|---|---|
| 2025-01 | 2 |
| 2025-02 | 1 |
| 2025-03 | 2 |
| 2025-04 | 0 |
| 2025-05 | 0 |
| 2025-06 | 1 |
| 2025-07 | 0 |
| 2025-08 | 1 |
| 2025-09 | 0 |
| 2025-10 | 2 |
| 2025-11 | 1 |
| 2025-12 | 0 |
| 2026-01 | 0 |
| 2026-02 | 0 |
| 2026-03 | 1 |
| 2026-04 | 0 |
| 2026-05 | 0 |
| 2026-06 | 1 |
| 2026-07 | 0 |
| 2026-08 | 1 |
| 2026-09 | 1 |
| 2026-10 | 0 |
| 2026-11 | 0 |
Top lenders
Share of active equipment filings with a named lender. Filing agents and government left out.
- LEE BANK & TRUST CO9 · 27.3%Bank
- John Deere Financial3 · 9.1%Captive finance
- Advantage Leasing2 · 6.1%Independent
- Independent
- Kubota Credit2 · 6.1%Captive finance
- Independent
- Komatsu Financial2 · 6.1%Captive finance
- Powell Valley National Bank2 · 6.1%Bank
Top equipment types
Active filings by what the collateral describes
- Equipment, type not stated37 · 77.1%
- Construction8 · 16.7%
- Agriculture2 · 4.2%
- IT & office1 · 2.1%
Highest-scoring businesses right now
Names are partly hidden. The app shows them, with the phone number where public records have one.
| Score | Company | Why | Lender | Filed |
|---|---|---|---|---|
79 | SCO Pennington Gap | Equipment 48 mo old · peak window+35Near the 48-month mark+10 | LEE BANK & TRUST CO Bank | Oct 2022 |
69 | APP Pennington Gap | Construction 36 mo old · peak window+35Near the 36-month mark+10 | John Deere Financial Captive finance | Oct 2023 |
64 | W & Pennington Gap | Agriculture 41 mo old · peak window+35Active, no continuation+10 | Kubota Credit Captive finance | May 2023 |
64 | JCT Pennington Gap | Equipment 41 mo old · peak window+35Active, no continuation+10 | FIRST CORPORATE SOLUTIONS, AS REPRESENTATIVE Other | May 2023 |
62 | STO Pennington Gap | Equipment 54 mo old · late window+23Active, no continuation+10 | Secured Lender Solutions, LLC Other | Apr 2022 |
59 | Fan Pennington Gap | Equipment 31 mo old · early+20Active, no continuation+10 | Imperial Finance Corp Independent | Mar 2024 |
58 | KIN Pennington Gap | Equipment 35 mo old · early+32Near the 36-month mark+7 | Powell Valley National Bank Bank | Dec 2023 |
56 | Mid Pennington Gap | Equipment 37 mo old · peak window+35Near the 36-month mark+7 | HUNTINGTON DISTRIBUTION FINANCE, INC. Independent | Sep 2023 |
Nearby cities
- Abingdon583
- Bristol483
- Lebanon117
- Jonesville109
- Norton99
- Wise96
- Big Stone Gap80
- Clintwood78
- Rosedale60
- Coeburn46
- Gate City41
- Castlewood37
Top lenders in Pennington Gap
- LEE BANK & TRUST CO9
- John Deere Financial3
- Advantage Leasing2
- Zaxis Financial Services Americas, LLC2
- Kubota Credit2
- Commercial Credit Group Inc. on behalf of itself and on behalf of all Affiliates of CCI2
- Komatsu Financial2
- Powell Valley National Bank2
- Caterpillar Financial1
- Red Iron Acceptance, LLC1
Questions
How many equipment loans are active in Pennington Gap, VA?
How many equipment loans in Pennington Gap, VA end in the next six months?
Which lenders finance the most equipment in Pennington Gap, VA?
What equipment is financed most in Pennington Gap, VA?
Is Pennington Gap, VA equipment financing growing?
Source: UCC financing statements from the weekly UCC data file of the Virginia State Corporation Commission. Last updated November 11, 2026. Counts cover businesses' equipment filings only: consumer solar, tool accounts, liens on injury claims and filings against people or sole proprietors are left out. “Active” means not terminated or lapsed. “Likely ending” means a 36, 48 or 60 month term from the filing date ends within six months; the filing itself doesn't state the term. Not a consumer report. How UCC filings work.