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
- New & used equipment may be financed
- Special promotional rates are offered frequently
- Depending on option or balloon amount, monthly payments can be lower than traditional financing
- You are generally entitled to claim the benefits of ownership—including depreciation and interest expense deductions
- The final bargain purchase option or mandatory balloon at lease-end may be as low as 1 ZAR or at a predetermined amount based on the finance term, equipment use and application, and machine specification.
- Length (new equipment) – 12–48 months (Terms Up to 60 months may be considered upon request.)
- Length (used equipment) – 12-36 months (Terms greater than 36 months may be considered upon request)
- Finance Rate – Floating & Fixed Rate Available
- 100% financing – Available to qualified customers
- Purchase Option Alternatives – Provision to purchase at predetermined amount or return machine to Cat Financial
- Payment Flexibility – Monthly & quarterly payments are available provided payments are in advance.
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