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Finance & Credit > Finance Options

Overview

Finance Options

Insurance

Why Finance?

Finance Options

 

Installment sale contract

  • Benefits of immediate ownership but allows you to pay over an extended period of time.
  • Lowest cost choice and you get to claim the tax benefits of owning the equipment.
  • Available for new and used equipment.

Leasing

  • Use the equipment for a long term rental and keep the option to purchase at the end of the lease.
  • CAT Financial offers several different leasing options to fit the needs of your company, from long term rental options to a fair market value buy out.
  • Leasing encourages a more orderly planned equipment replacement cycle, before maintenance costs become excessive.
  • Easier to gain approval for and frees borrowing power and capital.
  • Simplifies budgeting, bookkeeping, and accounting because of the reduction in paperwork and administrative requirements.
  • Leases are available with service and maintenance.

Renting

  • Similar to leasing but more flexibility in the timeframe. Ability to rent from one day to over a year.
  • Maintenance cost is included in the rental.
  • Inexpensive means to test equipment without a long term commitment before choosing to purchase.

Financial plans can be tailored to meet your specific financial needs, with so many flexible options we can create the financial service the fits you perfectly. Contact us with any questions, comments or concerns; we are ready and willing to help.

Learn more at the CAT Financial homepage, http://finance.cat.com.

CAT Access Account

Peterson is a happy participant of the CAT Access Account. CAT Access Account is a charge account that allows you to buy parts, services and rentals at all CAT Dealers that participate in the service. The benefits include:

  • Easy book keeping with one detailed statement on one account for all service, parts and rental needs.
  • Real time credit approvals.
  • Revolving account balances, with the option to pay only the minimum charge it creates easier budgeting.
  • Detailed information online and by mail will help improve decision-making and manage data.
  • Web system allows you to pay online, track orders, and view itemized transactions.

Learn more at the CAT Access Account homepage, http://www.cataccessaccount.com/.