Tag: Caterpillar Financial

Construction Equipment

Used Construction Equipment Financing Has Actually Increased During the Pandemic

Despite the pandemic, some financial institutions are reporting increased lending activity for used equipment.

October 6, 2020

Dealers

Cat Financial posts 9% revenue increase in 3Q

This quarter's revenue increase was due to impacts from financing rates, average earning assets and from returned or repossessed equipment. Learn more here.

October 29, 2018

Dealers

Business Roundup: Cat Financial revenues up in 2Q; Terex sales up 19%; Manitou sees 17% growth in first half; Mitchell Tractor newest Takeuchi dealer; Metso adds Yancey Bros.

Equipment World makes it easy for you to stay up-to-date with the latest business news from Metso, Takeuchi, Manitou Group, Terex, & CAT Financial.

August 7, 2018

Dealers

Cat Financial reports 7% increase in 2Q revenues

Cat Financial reported an increase of $47 million for the second quarter over the same period a year ago. More information here on Equipment World.

August 3, 2018

Construction Equipment

Caterpillar will raise machine prices due to tariffs; reports record 2Q profits, ups 2018 outlook

Caterpillar reports record high second quarter profits and revenues. The company also is expected to raise machinery prices due to new tariffs. Learn more here.

July 31, 2018

Dealers

Cat sales & revenue grow in same quarter for first time in 2 years; profit down 16%

Caterpillar sales and revenue for the first quarter of 2017 reached $9.8 billion, a 4-percent increase compared to the same period last year, with profit per share lower at $0.32, compared to 2016. However, excluding restructuring costs, the figure was $1.28 and twice the same metric for last year. The company attributes the increase to […]

April 25, 2017

Business

Reporter

By Equipment World Staff Banks tighten up on construction loans With financing becoming more complicated for some contractors and dealers, many are asking, “Why?” The Associated Equipment Distributors filed a request with the Federal Reserve Board to learn about policies on construction lending, but the Board said they did not have “information specific to that […]

September 5, 2011