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Cat finance offers

by Kyle Molyneux  |  Thu 03 Sep 2020

Cat finance offers

Cat Financial has introduced a bundle of finance deals to help construction firms get their businesses back on track as the sector starts to get back to its new normal. Customers of Finning UK & Ireland, exclusive distributor of Cat machines, can take advantage of the financing deals including buy now, pay later, and 0% finance.

The first deal that Cat Financial has put on the table is 0% financing on any new Cat 313FL GG hydraulic excavator. The 313FL GC is a powerful and reliable machine that has a low-cost-per-hour so is very economical to run, reckons Cat. This machine also offers an unrivalled 45 per cent increase in operational efficiency over competitor machines so is a sensible and savvy purchase at this time. This deal is available for 36 months and applies to any new machine delivered up to December 31st 2020, meaning customers can take advantage of state of the art machinery now, without having to find the large upfront cost, and without it costing more in the long term.  

The second deal is on the Cat 320 GC Next Generation excavator. Using the latest inbuilt machine technology, this excavator offers a high production output and promises to increase on site efficiency, so works are completed quicker. The addition of no interest and 0% financing is applicable for machines delivered by December 31st 2020.

The third deal has been introduced to help those really struggling with short term cash flow as a direct result of downtime and site closures during lockdown. Cat Financial is offering a ‘Buy Now Pay Later’ deal with a 51-month fixed rate plan. This deal is available on any new Cat machine in any class for orders placed before December 31st 2020. The added bonus here is that there’s nothing to pay for the first three months, giving firms the chance to get back to business without having to dig too deep into the overdraft facility.  After the first three months customers will be required to make 48 monthly payments with a ten per cent deposit, full VAT and a £175 administration charge being payable in month four.

For all three options, UK customers can contact Cat Financial Services (UK), while Irish customers can benefit from the same programme by requesting Caterpillar Financial Services (Ireland) p.l.c. c/o Finning (Ireland). Cat Finance is also offering 0% on all parts and servicing purchased.

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