Flex Lease

Built for the customer who wants a finance lease with an option to return the equipment at stated intervals or “outs” prior to lease termination.

 

Benefits

  • You can lease equipment for an extended term, typically at a lower monthly payment amount than the short-term rental rate.
  • 100% financing is available to qualified customers
  • Purchase/return options are available on annual basis
  • Monthly payments can be lower than traditional financing
  • Special promotional rates are offered frequently

 

End-of-Term Option

  • You have the option to return or purchase the equipment at predetermined out(s).

    Example: A piece of equipment is purchased using a 60-month finance lease with an “out” at 36 months. After 36 payments, you have the option to return the machine to Cat Financial, purchase the machine, or continue with the lease.

Terms

  • Length (new equipment) – 12–60 months 
  • Finance Rate – Fixed 
  • Purchase Option Alternatives – Provision to purchase at the predetermined amount or return machine to Cat Financial
  • Payment Flexibility – Monthly, quarterly, semi-annual and annual payments are available provided payments are in advance.

 

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