mini excavator on a jobsite
mini excavator on a jobsite

LOAN OR LEASE?

Which financial option is right for you? If equity and ownership are your priorities, a loan may be your best bet. If you want flexibility and a way to free up cash for other needs, consider a lease.

Financing Options

Do your plans for the future call for more cash than you have on hand? We can help. Our financing options provide the capital you need to purchase equipment, expand your business or manage day-to-day operations at your disposal. Flexible rates, terms and lengths make it easy for you to find a solution that fits your budget and goals.

Loans

Want to own that new or used machine right away but pay for it over time? A traditional loan may be the right option for you.

  • Get right to work and build equity at the same time
  • Make your down payment in the form of cash, trade-in or rental equity
  • Choose from flexible payment plans — including skip payments on monthly schedules for qualified customers

Talk to your Cat® dealer for more details and other benefits that may be available in your location.

 
Apply Now

Working Capital Loans

When cash flow’s a challenge, so is running your business. A working capital loan puts the funds you need in your hands.

  • Leverage the equity in your equipment to access cash fast
  • Use funds to bid more work, expand your fleet or manage day-to-day operations
  • Secure credit with pledged equipment only — and add or release it as needed

Your Cat dealer can walk you through the details and any additional benefits available locally.

 
Request Information

“IF IT WASN’T FOR THEIR FLEXIBILITY AND THE COMPETITIVE RATES THEY PROVIDE US,
WE WOULDN’T BE ABLE TO PROVIDE OUR CUSTOMERS
WITH THE PRICING AND SUPPORT THEY DESERVE.”

Kevin Manning, Laser Grading and Development

 


Equipment Leasing Options

Life is all about choices, and so is equipment leasing from Cat Financial. Low monthly payments free up cash for other priorities. Flexible return and purchase options let you turn in equipment early, keep it longer or even buy it outright — you decide based on your project schedules and business needs. Subject to approval.

Benefits of an Equipment Lease

  • Monthly payments are often lower than a loan or short-term rental
  • Monthly, quarterly, semi-annual, annual and skip payments are available for qualified customers.
  • You may qualify for 100% financing or retain the tax benefits in some cases
  • You can lease equipment for an extended term — 60 months or more
  • You often have options at lease-end: return, purchase or extend the lease

One lease doesn’t fit all. Talk to your Cat dealer about our equipment leasing and finance solutions, then work with your financial advisor to choose the best option.

 
Apply Now

Man operating equipment
of
Man operating equipment

 

“We’ve been leasing quite a number of products, and we do that because Cat Financial offers things that typical lenders can’t do for us.

We like to use them because we have that flexibility.”

Lyndon Larson, Tiffany Construction

 

Purchase parts and save cash with the Cat® Card —  apply today.

Cat Card is the fast, easy way to pay for parts, service, rentals and more. You'll get all the exclusive benefits including 1% Cat® Card Rewards,* special offers, and personalized support.

* see cat.com/catcardrewards for eligibility and terms and conditions.

EXPLORE BENEFITS
card
card

Loan or Lease? Compare and Decide.

of
Loan Vs. Lease

Request information

Interested in learning more about our financing and extended protection options? Ready to get the process started? Just fill out this form and we’ll have your local Cat dealer follow up with the information you need.

Get Started
operators on a jobsite, one in a wheelchair
operators on a jobsite, one in a wheelchair

Apply for Financing

A Cat equipment credit application is simple.
Just complete three easy steps.

Apply Now
special offers
special offers

Special Finance Offers

Seeing you succeed is our aim. Our special offers make it easy and affordable for you to choose new and used Cat machines, parts, service and more. 

See all offers

Equipment Loan Payment Calculators & More

How much machine can you afford? Should you choose equipment leasing or an equipment loan? What level of extended protection is enough? These resources make decision-making easier.

VIEW ALL TOOLS
customer on a jobsite using a tablet
customer on a jobsite using a tablet