Peterson works closely with CAT Financial to bring you a large variety of buying options that fit the goals of your company. We offer quick and easy financing, with customized payment plans and competitive rates. Flexible rates and options allow you to purchase the equipment you and get it to the job site fast.

Why Finance?

The number one reason to finance is to save your company capital buying power, money can be scarce and using any of several financial plans will help your company free up money that they would otherwise spend on an outright purchase of the equipment. Using a payment installment plan to buy, lease or rent equipment will spread out and help manage the cost.

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

Prime Rate Cut Means You Save with Cat® AccessAccount and Easy Access Payment Plans
We are pleased to announce a significant reduction in the Cat AccessAccount Easy Access program cost. The drop in Prime Rate following the Federal Reserve action in March results in a significant cost savings to you in April. Beginning April 1, when you enroll transactions under the Undercarriage, Work Tool or other Easy Access program, your subsidy cost (as % of transaction amount) will be as follows:

3 Months, No Payments, No Interest 2.3%
6 Months, No Payments, No Interest 4.5%
12 Monthly Payments and No Interest 4.8%
18 Monthly Payments and No Interest 7.0%
24 Monthly Payments and No Interest 9.0%

With the Prime Rate reduction from 6.0% to 5.25%, now is a great time to promote the sale of your parts and services using the Cat AccessAccount Easy Access Payment Plans. We look forward to facilitating your sales and are more than happy to answer any questions you may have. Please feel free to contact a Cat AccessAccount Sales Representative or call us at 615-341-5080.

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