Operating Lease

When it comes to running your business, you want options. You want to know you’re making the best investment today, and for the long haul.

For customers who want to use equipment for a period of time and have the option to either purchase it or simply return your equipment at lease end, an operating lease may be for you.

 

Benefits

  • Lowest monthly payments
  • Provision to purchase or return machine at lease end
  • Frees your working capital for operating needs
  • Generally qualifies for off-balance sheet financing
  • Equipment can be leased for an extended term

 

Options

End-of-Term Option

  • At the end of the lease, you may purchase the equipment at the Fair Market Value or return it to Cat Financial.

Early Purchase Option

  • Also known as a window lease.
  • Early Purchase Options available to acquire the equipment at a specific time before termination of the lease.

    Example: You lease a $100,000 piece of equipment for 60 months with an early purchase option of $48,000 after 36 months. After 36 months, you may either buy the machine for $48,000 or continue the original lease.

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Long-Term Rental Option

  • For customer who generally plans to return the equipment to Cat Financial at the end of the lease term.
  • At the end of the lease, you may purchase the equipment at the Fair Market Value or return it to Cat Financial.

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Over-the-Road Motor Vehicles and Trailers

  • Also known as a TRAC lease.
  • This flexible option offers higher end-of-term purchase amounts, resulting in lower monthly payments.
  • Contains a provision from the IRS that allows customers to negotiate in advance the fleet truck/trailer’s estimated residual value when the lease expires.

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Terms

  • Length (new equipment) – 24–60 months (Terms greater than 60 months may be considered upon request)
  • Purchase Option Alternatives – Provision to purchase at Fair Market Value or return machine to Cat Financial
  • Tax Benefits – Retained by Cat Financial
  • Payment Flexibility – Monthly (Other schedules may be considered upon request)

 

Request a Quote

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Long-Term Rental Tax Lease

For the customer who desires the lowest possible payments and generally plans to return the equipment to Cat Financial at the end of the lease term.

Learn More

Cat Value Option Tax Lease

For the customer who wants to use the equipment and have the option to purchase it at a predetermined Fair Market Value price.

Learn More

Tools & Calculators

Use our helpful tools and calculators to find the best finance and extended protection solutions for your business.

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Lease/Own Comparison Tool

Whether you are making your first purchase or looking to expand your fleet, decisions involving Cat® equipment are usually complex and involve many considerations beyond which model to buy. In fact, thinking about how you will use the equipment in conjunction with your business plan might be the most important considerations.

Launch Tool