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There is no name more associated with heavy construction than Caterpillar. Throughout Canada, you’ll see Cat equipment on farms, construction sites, in mining, and in forestry, and that’s just some of the many applications for Caterpillar products. The Caterpillar machine is rugged, smart, and quiet, and even pre-owned Caterpillar equipment in Canada is wildly popular. Smarter Loans can help you find both a Caterpillar dealer and financing for your equipment.
It is no exaggeration to say that Caterpillar products run the world. In Canada, you’ll see Caterpillar excavators at mining sites, Caterpillar forklifts in warehouses, and Caterpillar tractors harvesting fields. Across the nation, you’ll find Caterpillar equipment for sale and in use. It is one of the most trusted name brands in the industry today.
At Smarter Loans, we work with local Caterpillar equipment dealers throughout Canada as well as top equipment financing companies in the country. The chart below lists some trusted loan providers specializing in Caterpillar equipment financing. If you’ve already found the Caterpillar equipment you need in your area, and are only looking for financing options, then you can click Apply Now next to a company of your choice.
We can help connect you with the top Caterpillar Equipment dealers and financing providers in Canada.
You can see Caterpillar Equipment in Canada just about any place where the heavy work gets done. Caterpillar products are reliable workhorses for large industrial projects. From transportation, construction, and energy, to mining and agriculture, Caterpillar machines offer the muscle behind some of our most important infrastructure projects in Canada.
Canadian mining businesses work hard every day. The Canadian Minerals and Metals Plan reports that the mining industry culls potash, uranium, nickel, aluminum, coal, and even diamonds from Canadian soil. Ontario is a big producer of copper and nickel. Manitoba and Nova Scotia mine zinc. These minerals and metals are in items you use every day, from computers to toothpaste.
Caterpillar equipment is indispensable in the mining industry. These bright yellow industrial tools, including Caterpillar excavators, dozers, and dump trucks are busy each day on projects as diverse as smelting to mining site reclamation. Caterpillar products are at the heart of the mining industry, whether it’s on the surface or underground.
Mining companies considering the purchase of new or used Caterpillar equipment turn to Smarter Loans to help them get connected with trusted loan providers to finance fleet purchases.
Like mining, Canadian agriculture businesses work the land every day. Caterpillar products handle a wide range of farming applications all over Canada and are designed for the toughest conditions Canada can dish out. These machines help agricultural production teams work both harder and smarter to feed Canada and the entire world.
Working more efficiently in agricultural production requires bigger, smarter, and more durable equipment to maximize harvests. That’s why farmers in Canada select Caterpillar products and use Smarter Loans to help with financing.
Doing more work safely and in less time—this is the challenge every Canadian construction business faces. Caterpillar Equipment helps contractors grow their businesses by providing the most reliable heavy equipment in the world.
Caterpillar products also include standard-setting clean and quiet machines to help meet regulatory guidelines for new construction projects. Whether you’re looking for a Caterpillar bulldozer in Calgary or a Caterpillar truck in Manitoba, Smarter Loans can connect you with industry-leading financing providers to help you get the tools you need to build a stronger construction business.
The smallest Caterpillar excavator can cost between $100,000 and $230,000. These are heavy-duty machines, weighing 26,000 to 55,000 pounds with 79 to 188 hp. Medium CAT excavators range from $230,000 to $270,000. Large models start at $400,000 and range to $830,000 or more. The largest excavators weigh around 200,000 pounds with up to 523 hp.
There are traditionally three ways for securing heavy equipment in commercial construction. You can rent Cat equipment if it’s a short-term or small job. Leasing is the middle-ground, when the costs of leasing can be absorbed back into the project. The best rate of return for professional long-term commercial construction projects comes from purchasing new Caterpillar products. Because of the guaranteed durability of the brand, ROI is generally high.
Caterpillar tractors are hard at work in Canadian agricultural production.
You’ll find Caterpillar forklifts in manufacturing warehouses.
Caterpillar excavators are used in the Canadian mining industry.
Construction companies frequently use Caterpillar backhoes.
You’ll find Caterpillar equipment in all of these industries, as well as forestry, defense, government, oil and gas, paving, and much more.
Cat equipment is popular in Canadian agriculture. Cat Skid Steer Loaders are perfect for moving heavy loads. There are eight models to choose from ranging from the small but rugged 226D3 (67.1hp) to the 272D3 XE (110hp). Caterpillar excavators have a variety of farm applications as well, from ditch work to fencing, land clearing, and even weed and grass control. There are several different models to choose from, starting at 13 hp and going up to 70.3 hp.
If you have a chance to finance new Caterpillar equipment you will be investing in a durable machine that will last you for a long time. The initial investment required is the more expensive option when compared to financing used Caterpillar equipment. However, with Caterpillar equipment, there is less maintenance required and the asset will have keep value for longer. If you are trying to watch your costs, buying used Caterpillar equipment in Canada is the way to go.