Caterpillar Equipment Purchase & Financing

Cat Equipment in Canada—Trusted Reliable Workhorse

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.

Caterpillar Excavators for Canadian Mining

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.

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Caterpillar Tractors for Canadian Agriculture

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.

Caterpillar Equipment for Construction in Canada

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.

Common Questions About Caterpillar Equipment in Canada:

How much does Caterpillar Equipment Cost?

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.

Is it better to lease or buy Caterpillar equipment for construction?

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.

What industries use Caterpillar Equipment most in Canada?

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.

What are some of the most popular Caterpillar machines used in farming?

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.

Is it better to Finance New or Used Caterpillar Equipment in Canada?

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.