Cat Financial's commitment to our customers

Get to know Cat Financial and learn how we can help your company grow.

Cat Financial has a long history of helping business owners just like you purchase, lease and finance heavy equipment, as well as protect and service those same machines. With more than 30 years of experience providing effective, efficient and practical financial options and support to businesses worldwide, we're proud to continue to offer these vital services well into the future. More than anything, Cat Financial wants to give you the tools that help your business succeed.

When you partner with Cat Financial, you access the high-quality equipment of an established industry leader like Caterpillar as well our own financial experience and know-how. The result is an excellent experience from start to finish, no matter what type of machines you need, the industry you work in, or the size of your company. That's our commitment to you.

 

Why choose Cat Financial?

Business owners have a variety of options from purchasing, leasing or financing equipment to protecting and servicing it. Why should you choose Cat Financial? As a captive finance company, we have close, enduring ties to Caterpillar's equipment operations in addition to the vast network of Cat dealers and service technicians.

These combined elements allow you to purchase, lease or finance new or used equipment and secure extended protection for those same pieces of machinery all under one roof. By having a single provider supported by Caterpillar's global network of more than 2,500 dealers - including technicians for repair and maintenance services - you strike a powerful balance between making the process of acquiring, using and servicing your equipment simple and effective.

Let's take a closer look at these benefits.

 

Purchase

Protect

Manage

  • 24/7 online account access
  • Credit account at any participating U.S. Cat dealership (Cat Card Program)
  • Unmatched knowledge of industry challenges
  • Assist in good times and hard times

Resell

  • End-of-term solutions to keep you up and running
  • Purchase, refinance, return options
  • Purchase used equipment with lower price point at catfinancialequipment.com
  • Transferrable equipment protection plans

Getting started

To learn more about financing, leasing, protection plans, insurance and much more, reach out to us today.

Contact Us

 


CAPTIVE FINANCING: WHAT IT MEANS & WHY IT MATTERS TO YOU

It’s a complex term for a simple concept: A captive finance company is one that’s owned by the manufacturer of the product you plan to acquire. Have you heard of Ford Credit or Toyota Financial Services in the automotive industry? Cat Financial follows the same model, but for heavy equipment and power systems instead.

Because we’re a captive finance company, we work for Cat® customers and Cat customers only. When you invest in Cat equipment, we invest in your success. Here’s how that makes a difference for you:

STRONGER FINANCIAL BACKING

If you’re thinking about going to a local bank to finance your next piece of equipment, consider this: Traditional lenders’ offerings are limited to the funding they can provide you. At Cat Financial, we have more flexibility because we’re backed by the financial strength of our parent company. Caterpillar provides the upfront capital to finance your equipment.

MORE OPTIONS FROM ONE SOURCE

Stronger financial backing means we can offer more options than a typical lender — not just leases and loans but also solutions like working capital loans, revolving or reusable lines of credit and extended protection. With multiple options, you make the choice that best fits your business and financial needs. And because they’re all available from one source, the process is faster and easier.

GREATER EQUIPMENT VALUE

Because we’re part of Caterpillar, the resale value of Cat equipment matters to us. When you finance machines or engines with Cat Financial, we work to create an environment where they depreciate more slowly. That helps ensure prolonged value for you.

LONGER-LASTING RELATIONSHIPS

If you go to a bank to obtain funding for equipment, that relationship likely ends when you repay the loan. Any additional support typically dries up once the bank delivers the capital. At Cat Financial, we’re with you for the life of your equipment — from acquisition, operation and maintenance to resale or return. And because we want to be there for your next equipment investment, we work to earn your trust and your business.

Discover more about what makes Cat Financial different — and why that makes a difference for your business.

 


 

 

KNOWLEDGE IS POWER

INDUSTRY + FINANCIAL KNOW-HOW MAKES A DIFFERENCE FOR YOU

Banks specialize in dollars and cents, not machines. Insurance companies focus on risk, not the realities of your industry. But when you work with Cat Financial, you don’t have to sacrifice one area of expertise for another. We’re not just a financial services company — we’re a part of Caterpillar, which means we understand equipment and the businesses that use it.

SO WHAT EXACTLY DOES THAT MEAN FOR YOU?

HIGHER APPROVAL RATES

Traditional lenders often base decisions on credit scores alone. We approve more loan and lease applications — and typically require lower down payments — than others because we look deeper than that. If you’ve worked with us before or have a relationship with your local Cat® dealer, we already know your business and your history, and we take that into account in our decision-making.

INDUSTRY-SPECIFIC SOLUTIONS

For most banks, a loan is a loan and a lease is a lease. But sometimes you need more than a one-size-fits-all product. Our people have expertise in different industries — construction, mining and more — and tailor solutions that address the specific requirements and challenges of those markets.

FLEXIBLE SUPPORT

A traditional lender probably doesn’t know (or care) that your business is cyclical. We understand the seasonal shifts and industry trends that can affect your cash flow, and we’ll work with you to get through them. If you run into hard times, suffer an injury or experience a natural disaster, you’re not automatically going to lose your equipment. We stay flexible with skip payments, modified terms, extensions, early buyouts and more to help you succeed.

Choose a financial partner who understands your equipment, your challenges and how financing and insurance can help you reach your goals. 


 

 

ONE-STOP SHOPPING: BUY OR LEASE, FINANCING & PROTECT ALL IN ONE VISIT

Financing equipment with a local bank or another traditional lender can be a hassle. In addition to making trips to your equipment dealer to spec out the product you want, the process typically requires multiple visits, phone calls or emails to your lender to set up your loan or lease. Often, you’re required to get pre-approval before you can even start the purchase process. And if you want to add extended protection — well, that requires more calls or emails with your insurance company.

When you finance and protect your equipment with Cat Financial, you won’t waste your valuable time in the car, on the phone or checking emails. Instead, you’ll spend it earning money on the job. Here’s how:

ONE PLACE

Because we’re part of Caterpillar, we’re integrated right into your Cat® dealer — so you can handle the entire buying/leasing/financing/protecting process in just one visit to the local dealership.

MULTIPLE OPTIONS

Your bank probably only offers loans or leases, and your insurance company just provides coverage. We do both, plus a lot more, right at the dealership.

EXPERT SUPPORT

We train Cat dealer sales reps in both financing and extended protection, so they can help you make the right choices for your business. If there are questions or special circumstances, we’re just a phone call away.

FAST SERVICE 

Sometimes, equipment planning is months in the making. Other times, the need arises overnight. We generally don’t require pre-approval, and we approve applications quickly so you can get what you need and get to work.

Work with Cat Financial and put the time and effort you save back into running your operation. Check out more ways we can help move your business forward.

 


 

 

ONE SIZE DOESN'T FIT ALL: FINANCING & INSURANCE TAILORED AROUND YOU

A construction site is not the same as a quarry. A landscaping contractor has little in common with an oil and gas operation. A five-person company has different needs than a 500-employee corporation. So why should all of them settle for the same financial or insurance solution?

With a traditional lender or insurer, what you get is what you get. There’s little opportunity for customization of financing or coverage, in large part due to the regulations these companies face. You must fit your needs into their products. But when you work with Cat Financial, the reverse is true. Here are just a few examples of how we tailor our products around your needs:

CUSTOM FINANCING PACKAGES

Custom financing packages can include any combination of equipment loans and leases, trade-ins, working capital loans and revolving lines of credit.

FLEXIBLE LEASE OPTIONS

Flexible lease options let you return equipment early, keep it longer or even buy it outright.

MULTIPLE EXTENDED PROTECTION SOLUTIONS

Multiple extended protection solutions fit different uses, budgets and types of equipment (new or used, machine or engine).

CONSTRUCTION FINANCING

Construction financing is available for power systems, oil and gas operations and marine vessels, as well as project financing for projects powered by Cat® engines or Solar™ Turbines.

STRUCTURED FINANCING

Structured financing is an option for small mines and greenfield or brownfield developments.

When you need financing or insurance built around your needs, turn to Cat Financial. Take a look at the other ways we make our solutions work for your business.

 


 

 

WOULD A BANK DO THIS FOR YOU?

SOMETIMES YOUR SUCCESS DEPENDS ON OUR FLEXIBILITY

It’s easy to be a lender in good times, when businesses are flush with cash and paying back loans is easy. But when times get tough, that’s when a financial institution’s true colors shine through.

At Cat Financial, we understand the ebbs and flows of the economy in general, as well as the ups and downs specific to industries that use Cat® equipment. We know weather can push back projects you were counting on to keep cash flow steady. We know certain types of work are seasonal and that you don’t earn as much during those off months.

We know because we’re part of Caterpillar, and it’s our job to understand your business. While banks and other traditional lenders have rigid requirements for repayment, we stay flexible to help you succeed. That may mean:

·   Setting up skip payments or variable payment schedules.

·   Modifying loan or lease terms.

·   Consolidating, restructuring or refinancing debt.

·   Arranging for extensions or early buyouts.

·   Requiring low or no down payments.

During the last recession, we helped customers stay in business by saying things like, “We get that you’re in a tough place right now. Take the next three months to get stable, then pay us back.”

Would your bank do that for you? Find out more about how Cat Financial is set up for your success.