The superior engineering and materials used in the production of CAT equipment over the years have earned the company its outstanding reputation with owners and operators around the world. It also takes you two (or more) years in business and really good credit to finance through CAT, so many customers don’t qualify. Compact Device Offerings Cat Finance offers 4.99% and sometimes lower prices for used equipment, but does not fund equipment that is more than ten years old. You’ll always save money by financing equipment for shorter periods, but the question is how much will you save and what impact higher payments will have on your cash flow.
How long can Cat equipment be financed?
If you want to add new construction equipment to your fleet, financing is a flexible payment method that helps you minimize financial risks. Cat Finance offers 4.99% and sometimes lower rates for used equipment, but does not finance equipment that is more than ten years old. Hopefully we’ve been able to give you a better understanding of the cost of a Caterpillar equipment loan or lease. Small businesses typically don’t have the deep pockets of larger companies, which means small business owners must make prudent financial decisions.
Blanchard has relationships with major financial institutions in the United States, including Caterpillar Financial Services Corporation.
How much does a brand-new CAT mini excavator cost?
Depending on the project you want to complete, you may need to consider some attachments for your new Cat excavator. When determining the cost of a Cat dredge, there are many things to consider before you decide to buy a new dredge or a used dredge. You can do this by looking on other websites, asking Caterpillar or a used CAT dealer for a custom quote, or filling out the form on this page. CAT excavators have been around for decades and are among the best-selling earthmoving equipment in the world.
How long can skidsteers be financed?
If you have a large loan and have been in business for a while, visiting a bank or similar financial institution is a great way to get the funds for a used skid steer loader. Renting a used skid steer loader can be a great way to gain access to a skid steer without having to spend a huge amount of money or make a huge commitment to owning or leasing a skid steer loader. Balboa Capital offers competitive rates, flexible repayment terms and fast financing. So start now. There’s no big down payment required, and monthly payments are predictable and tailored to your budget.