Financing Gives Contractor a Start
Ron Senechal’s business has grown thanks to his utilization of key pieces of Cat® equipment, and thanks to a financing plan from his Cat Dealer. Senechal is the owner of Ron’s Septic Tank Service Inc, Callahan, FL. His equipment includes two Cat Multi Terrain Loaders, a Cat 420D Backhoe Loader, and a 304C CR Mini Excavator. He owns plenty of Cat Work Tools, too, including forks, a stump grinder, trencher, grapple, and several buckets. The ownership was made possible his Cat Dealer’s ability to see he was a success story in the making—and finding a way to deliver the needed financing that has helped Senechal’s business grow.
- Senechal was offered 0 percent financing.
- Senechal rented his backhoe for six months and applied his rental payments toward the purchase price. That became the down payment, and helped him establish his business. It basically gave him a grace period to see if he could keep the machine and work tools busy.
- Dealer service for Senechal also includes the maintenance of his equipment. “They can do it a lot quicker than I can. That keeps my availability high,” he said.