Do You Need Cat Financing?

What is Cat Financing? Cat Financial has provided financial services solutions to Caterpillar, Cat® dealers, and our clients since 1981.

Cat Financial offers retail and wholesale financing options and extended protection programs to Cat customers and dealers for Cat machines and engines, Solar® gas turbines, other connected equipment, and marine vessels.

Decide the Type of Equipment You Need

Because they tailor finance terms to your needs, your construction equipment finance company will need information about the type of equipment that you plan to buy.

Different equipment types will require different financing options.

This is because computer equipment can become obsolete quickly.

Are You Financing Refurbished or Used Equipment?

Once you have decided how much equipment you need, what brand you want, and how much you can afford, you will be able to decide on the amount of equipment you’ll buy.

The next step is to decide whether new or used equipment is best.

If the primary purpose of the equipment is to back up your existing equipment, but not to be used on a daily basis, then a used or refurbished option may be the best choice.

If you intend to make it your primary equipment, not all used equipment is reliable.

You should do thorough research about your potential equipment purchase, just as you would research the pros and cons of purchasing an automobile.

Offerings of Services

Cat Financial knows our customers’ companies and offers solutions to meet their objectives, whether they want to finance equipment, acquire working capital, increase cash flow, or safeguard their investment.

Excellent service is essential throughout the equipment life cycle, including acquisition, protection, management, and resale.

Whatever your equipment needs may be-from construction and mining to marine industrial
quarry aggregate power generation–financing solutions will help you expedite purchase so that you can get the job done fast.

Why Choose Cat Financial?

cat financing

From acquiring, leasing, or financing equipment to safeguarding and servicing it, business owners have a range of alternatives.

Cat Financial, a captive financial firm, has strong linkages to Caterpillar’s equipment operations and an extensive network of Cat dealers and service experts.

These aspects work together to allow you to buy, lease, or finance new or old equipment while also providing extended insurance for those same machines.

You achieve a powerful balance between making the process of obtaining, utilizing, and maintaining your equipment easy and practical by having a single supplier supported by Caterpillar’s global network of more than 2,500 dealers – including professionals for repair and maintenance services.

Solutions for Your Business

  • Lending
  • Finance Lease
  • Revolving Line of Credit
The Following Financing Options May be Available
  • Finance Leases
  • Long Term Rentals
  • Short Term Rentals
  • Government Entity Financing
  • Rental Purchase Plans
  • Installment Sale Financing
  • Long Term Rentals
  • Government Entity Financing
  • Short Term Rentals
  • Tax Affected Leases
  • Operating Leases, With or Without Stated Purchase Options
  • Lease with Maintenance Contracts
 Financing may be available for the following Cat machines
  • Small Wheel Loaders
  • Skid Steer Loaders
  • Backhoe Loaders
  • Compact Loaders
  • Small Wheel Loaders
  • Telehandlers
  • Mini Excavators
  • Skid Steer Loaders
  • Compact Wheel Loaders
  • Small Dozers

So you want to make sure you pick the best choice possible when doing your loan research.

In case you want immediate equipment ownership but can afford to finance the machine over a longer period, finance leasing may include:

Finance Lease

The customer who wishes to lease the equipment, or to purchase it. 100% financing is possible.


  • 100% financing for qualified customers.
  • You can get payments that meet your cash flow requirements.
  • Tax purposes: In most cases, you can claim the benefits associated with ownership, which includes interest expense deductions and depreciation.
  • Flexible purchase options are available.


  • Length of new equipment: 1-7 Years
  • Length of used equipment: 1-5 Years
  • Payment Flexibility: Available in monthly, quarterly, semi-annual, annual, seasonal and skip payments

Benefits of Using Cat Finance

When you purchase:

  • All-in-one shopping
  • High approval rates
  • Rapid credit approval


  • Broader coverage than other competitors
  • Extended Protection Plans
  • Extended protection beyond the standard warranty

Financing Companies Are Not All the Same

Once you have decided what you need or want, it is time to begin researching financing companies. The bank that holds your company checking account is a good place to begin. They may not be the best option for financing, but they can offer an alternative to companies that specialize in construction equipment finance.

Bottom Line

When it comes to equipment financing, there are a few key things to keep in mind.

  • First, make sure you understand the terms of the loan and what you’re responsible for.
  • Second, be realistic about what you can afford and how much the equipment will actually be used.
  • Lastly, don’t be afraid to shop around for the best deal – there are plenty of options out there!

With a little research and planning, equipment financing can be a great way to get the gear you need without breaking the bank.

So what are you waiting for? Get started today!