For the customer who wants to own or have the option to own the equipment under lease.
When you choose a finance lease, you will receive these valuable benefits:
- 100% financing available to qualified customers
- You can lease equipment for an extended term, typically at a lower monthly payment amount than a short-term rental rate
- Special promotional rates are offered frequently
- Depending on option or balloon amount, monthly payments can be lower than traditional financing
- The final bargain purchase option or mandatory balloon at lease-end may be as low as $1 or at a predetermined amount based on the finance term, equipment use and application, and machine specification.
- Length (new equipment) – 36–60 months
- Finance Rate – Fixed
- 100% financing – Available to qualified customers and subject to credit approval
- Purchase Option Alternatives – Provision to purchase at predetermined amount or return machine to Cat Financial
- Tax Benefits – Retained by customer or covered by Cat Financial is optional
- Payment Flexibility – Monthly
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