[wakesetter2001]

Looking to purchase a new Cat 259. What financial companies has anyone used and had good luck with other than Cat Financial?

 

[AesSedai]

Sheffield Financial

 

[BossPlow2010]

Another one for Sheffield.
Perhaps consider your own finciacial institution..

 

[Ajlawn1]

I don't think Sheffield does Cat... Going to be tough to beat some the manufactures rates they offer...

 

[Defcon 5]

I don't think Sheffield does Cat... Going to be tough to beat some the manufactures rates they offer...

It is ????

 

[Ajlawn1]

It is ????

Yes...

 

[Defcon 5]

Yes...

Whatever financing you get....I can get it cheaper

 

[Mark Oomkes]

Whatever financing you get....I can get it cheaper

UMCU?

BCU?

SBCU?

 

[Defcon 5]

Yes

 

[Ajlawn1]

UMCU?

BCU?

SBCU?

BECU...

 

[John_DeereGreen]

Ya’ll would consider financing a 60-70k track loader with Sheffield? Their rates suck every time I’ve looked at them unless it’s subsidized by the manufacturer. And then you’re still paying it, you just don’t see it as an interest rate.

OP, are you looking at options other than Cat Financial because of credit issues or the rates they’re quoting?

 

[Ajlawn1]

Looks like backhoes and minis are 0% at the moment...

Not sure how this fuel thing works out...

 

[BUFF]

Ya'll would consider financing a 60-70k track loader with Sheffield? Their rates suck every time I've looked at them unless it's subsidized by the manufacturer. And then you're still paying it, you just don't see it as an interest rate.

OP, are you looking at options other than Cat Financial because of credit issues or the rates they're quoting?

Loan rates are driven by the buyers credit rating from what I've seen.

 

[John_DeereGreen]

Loan rates are driven by the buyers credit rating from what I've seen.

Agreed, but when I looked at Sheffield their lowest rates (800+ score) were still in the 8-9% range.

 

[Mark Oomkes]

View attachment 191454 Yes

Keep the politics out of the discussion.

 

[BUFF]

Agreed, but when I looked at Sheffield their lowest rates (800+ score) were still in the 8-9% range.

Yes that is high.

 

[Philbilly2]

Loan rates are driven by the buyers credit rating from what I've seen.

Wish that would have been the case when I bought the wife a new car last summer... not so much.

 

[Ajlawn1]

Here try these guys, this came today they need a airport to house all their stuff...

 

[framer1901]

Sheffield is a buy it and pay it off in three month rate as long as they don't call it a lease.

 

[cwren2472]

Unrelated to the equipment being discussed, but Sheffield's snow/ice rates are 11% regardless of credit. It's a yay or nay thing.