Updated November 11, 2026
Equipment financing activity in Smithfield, VA
Smithfield has 336 active UCC filings for equipment across 152 businesses, about 2.2 per business, so repeat borrowers are common. 50 new filings were recorded in the last 12 months, down 29% on the year before. 99 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. The market is spread out: John Deere Financial leads with 9%, followed by TowneBank at 7%. Agriculture is the largest equipment type, at 12%. Banks and credit unions hold 45%, 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
-29% on the year before
New equipment filings by month
Smithfield, VA, last 24 months. The current month is still coming in.
| 2024-12 | 7 |
|---|---|
| 2025-01 | 7 |
| 2025-02 | 6 |
| 2025-03 | 3 |
| 2025-04 | 4 |
| 2025-05 | 10 |
| 2025-06 | 6 |
| 2025-07 | 4 |
| 2025-08 | 5 |
| 2025-09 | 6 |
| 2025-10 | 4 |
| 2025-11 | 3 |
| 2025-12 | 7 |
| 2026-01 | 2 |
| 2026-02 | 3 |
| 2026-03 | 2 |
| 2026-04 | 6 |
| 2026-05 | 9 |
| 2026-06 | 4 |
| 2026-07 | 4 |
| 2026-08 | 5 |
| 2026-09 | 6 |
| 2026-10 | 0 |
| 2026-11 | 0 |
Top lenders
Share of active equipment filings with a named lender. Filing agents and government left out.
- John Deere Financial20 · 8.7%Captive finance
- TowneBank16 · 7.0%Bank
- PACIFIC RIM CAPITAL, INC.16 · 7.0%Independent
- Farmers Bank, Windsor, Virginia15 · 6.6%Bank
- Caterpillar Financial14 · 6.1%Captive finance
- Commodity Credit Corporation13 · 5.7%Independent
- Bank
- Bank
Top equipment types
Active filings by what the collateral describes
- Equipment, type not stated264 · 78.6%
- Agriculture41 · 12.2%
- Construction23 · 6.8%
- IT & office3 · 0.9%
- Blanket liens3 · 0.9%
- Manufacturing2 · 0.6%
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 |
|---|---|---|---|---|
91 | BEN Smithfield | Agriculture 37 mo old · peak window+35Near the 36-month mark+7 | Kubota Credit Captive finance | Sep 2023 |
86 | MTC Smithfield | Construction 37 mo old · peak window+35Near the 36-month mark+7 | Caterpillar Financial Captive finance | Oct 2023 |
81 | PLE Smithfield | Equipment 37 mo old · peak window+35Near the 36-month mark+7 | The LCF Group, Inc. Other | Sep 2023 |
79 | BAT Smithfield | Agriculture 36 mo old · peak window+35Near the 36-month mark+10 | John Deere Financial Captive finance | Nov 2023 |
76 | CLA Smithfield | Equipment 37 mo old · peak window+35Near the 36-month mark+7 | TowneBank Bank | Sep 2023 |
76 | BER Smithfield | Agriculture 37 mo old · peak window+35Near the 36-month mark+7 | John Deere Financial Captive finance | Sep 2023 |
74 | BRO Smithfield | Equipment 41 mo old · peak window+35Active, no continuation+10 | VFS US LLC Other | May 2023 |
73 | PHI Smithfield | Agriculture 38 mo old · peak window+35Near the 36-month mark+4 | John Deere Financial Captive finance | Aug 2023 |
Equipment types in Smithfield
Nearby cities
- Virginia Beach5,612
- Suffolk1,480
- Virginia Bch429
- Windsor127
- Onancock52
- Va Beach45
- Painter40
- Virgina Beach39
- Parksley36
- New Church33
- Melfa31
Top lenders in Smithfield
- John Deere Financial20
- TowneBank16
- Farmers Bank, Windsor, Virginia15
- Caterpillar Financial14
- Commodity Credit Corporation13
- COLONIAL FARM CREDIT, ACA AS AGENT/NOMINEE13
- Wells Fargo Vendor Financial Services, LLC9
- Sheffield Financial, a division of Truist Bank7
- The Bank of Southside Virginia6
Questions
How many equipment loans are active in Smithfield, VA?
How many equipment loans in Smithfield, VA end in the next six months?
Which lenders finance the most equipment in Smithfield, VA?
What equipment is financed most in Smithfield, VA?
Is Smithfield, 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.