Cat^® Equipment Financing Requirements

Cat Financial offers flexible financing options to help you get the equipment you need, fast. Here’s a look at how we’ll evaluate your financing application.

Cat Financial

Published: Apr 20, 2026

Here are 4 Factors to take into account:

CREDIT RATING

Applying for less than $350,000 USD? We’ll get you a quick decision using information available through the Consumer Bureau Report (CBR). If the CBR doesn’t provide enough data, or your situation is unique, an analyst in our credit department will review your application and may request additional information to make a decision.

EQUIPMENT FINANCING HISTORY

Have you financed with us before? Thanks for letting us serve you. We already have your credit history, so we won’t request it again. If you’re new to Cat Financial, we may ask for details about previous machine purchases or financing. That’s easy if you have a history with your local Cat dealer, who works directly with us. A good payment record — even for rentals — works in your favor.

OVERALL CREDIT HISTORY

Limited history with equipment purchases or financing? No problem. Show us that you’re in good standing with other business or personal loans instead. That could be a mortgage, a car or truck loan, a credit card, a motorcycle or boat loan, or even student loans.

WORK ON HAND

Have jobs coming up? Your current work on hand can be a positive factor in the approval process. It gives our team a look at the jobs — and income — you have planned over the next three to six months. Providing copies of contracts is the fastest, best way for our credit team to review your work on hand.