Hire Purchase

Hire Purchase

Built for the customer who desires immediate equipment ownership, but wants to pay for the machine over an extended period of time. Let us show you how you can build equity and get to work quickly with this loan option. Trade-ins or down payments are typically included in these transactions.

Whether you are buying equipment, protecting your investment, managing your accounts or preparing for the future, our comprehensive financing and extended protection solutions will help you be more successful.



  • You claim the tax benefits of ownership (including depreciation and interest expense deductions)
  • New and used equipment may be financed
  • Special promotional rates are offered frequently
  • Cat Financial’s lowest total acquisition cost option for machine ownership
  • Down payment options in the form of cash, trade-in or rental equity



  • A variety of flexible payment plans are offered, including monthly, quarterly, semi-annual and annual payments.
  • Skip payment plans (up to 3 per year) are available on monthly payment schedules.
  • In addition, various maintenance programmes and extended protection packages are available through your Cat® dealer.
  • Length (new equipment) – 12–60 months (Terms greater than 60 months may be considered upon request)
  • Length (used equipment) – 12–48 months (Terms greater than 48 months may be considered upon request)
  • Finance Rate – Fixed (Floating rates may be considered upon request)
  • Tax Benefits – Retained by customer


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Extended Protection

You work hard to keep your business moving forward. Let us work hard to protect it.

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Used Equipment

Choose from a wide range of age and hour machines, coupled with financing and extended protection solutions.

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