At many lending institutions, financing machines is just a small part of their overall business. At CAT Financial, it's their only business. Besides financing new and used CAT machines, they can provide financing for other construction equipment whatever the manufacturer. With CAT financial, you'll get your machines on the job site quickly, while conserving working capitol and bank lines for other operating expenses.

Conditional Sales Contract
This is ideal if your goal is to own your equipment. This plan is similar to a car loan, A down payment is required and payments are made over a period of time. Trade-ins can be used to cover the down payment, so no payment is require until the second year on a annual payment contract. You can claim the benefits of ownership for tax purposes, including Capitol Cost Allowance (CCA) and interest expense deductions.

Finance (Capital) Lease
If ownership is your goal, a Finance Lease is anther option. It gives qualified applicants the advantage of 100 percent financing with no down payment required. Much like the Conditional Sales Contract, you can claim ownership for tax purposes.

Operating Lease
An Operating lease is an excellent plan if you're looking for low monthly payments. CAT Financial has a variety of operating leases, depending on your individual situation. An Operating Lease, in most cases, also qualifies you for off-balance-sheet financing, giving you more working capital for other operating expenses.

Flexible Payment Plans
CAT Financial understands the cyclical nature of the construction industry and the need for flexibility. They will tailor your payment schedule to your project cycle and cask flow, including semiannual and annual schedules.

Other available options include monthly, quarterly, seasonal, skip payments, and balloon payments. CAT Financial payment schedules typically range from one to five years, with terms available up to seven years. Your payment can also include insurance and an extended warranty.