Headquartered in Nashville, Tenn., Caterpillar Financial Services Corporation is the financial arm of Caterpillar Inc., a Fortune 50 company, a technology leader and the world's largest manufacturer of construction and mining equipment, natural gas and diesel engines, and industrial gas turbines.
For more than 28 years, Cat Financial, a wholly-owned subsidiary of Caterpillar Inc., has been providing a wide range of financing alternatives for the complete line of Caterpillar machinery and engines, Solar ® gas turbines, other related equipment and marine vessels. The company also extends loans to customers and dealers. Cat Financial has offices and subsidiaries located throughout the Americas, Asia, Australia, and Europe.
Financial Results
In 2009, Cat Financial reported revenues of $2.714 billion, a decrease of $344 million compared to 2008. Profit after tax was $259 million, a 33 percent decrease from 2008. New retail financing was $7.62 billion, down 52 percent from 2008.
Service Excellence
Cat Financial offers financing and leasing for all of Caterpillar's product line, with services available for each market that Caterpillar serves. These markets include general, heavy and compact equipment construction, engines, power generation, lift trucks, asphalt paving, marine, and forestry.
Our company's mission is to help Caterpillar and our customers succeed through financial service excellence. This is accomplished by understanding the way our customers work every day, the challenges they face, their competition and their industries. This helps Cat Financial create financing plans unique to our customers' current business and helps position their future commerce.
Worldwide Presence
Cat Financial, along with Caterpillar dealerships around the world, serves customers where they live and work. Cat Financial's global locations include Belgium, Canada, China, Indonesia, Japan, Korea, Malaysia, Singapore, Thailand, the Philippines, Australia, New Zealand, the Czech Republic, Denmark, France, Germany (including Austria and Switzerland), Ireland, Italy, the Netherlands, Norway, Poland, Portugal, Romania, Russia, Slovenia, Spain, Sweden, the United Kingdom, Ukraine, Brazil, Chile, Mexico, Peru, four regional offices and one subsidiary FCC Equipment Financing in the United States.