Financial Products

The global Cat Financial team is focused on strategy execution to help Caterpillar customers and dealers succeed through financial services solutions. Cat Financial’s core asset portfolio grew and performed well in 2018, despite portfolio challenges concentrated in Latin America and Cat Power Finance.

Digital is an enabler for all aspects of our business, including equipment leasing and financing through Cat Financial. Cat Financial is investing in digital solutions for Cat® dealers and customers to drive speed, simplicity and an exceptional customer experience.

We continue to launch programs to drive growth in aftermarket services. In 2018, we relaunched the Cat Card Program with Citibank in North America. Plans are in place to expand this product globally with other regional partners in 2019. Our extended protection solutions for machines and engines continue to help drive higher parts and service revenues.

Emerging markets, where financing can mean the difference between buying Caterpillar or the competition, is also an important growth area for Cat Financial. In the last year, we opened our newest office in Johannesburg, South Africa, and established a legal entity in Bangalore, India, with the office on track to open in 2019. We are committed to expanding digital services as appropriate to grow in these markets. In total, Cat Financial has offices in 40 countries and cross-border financing in another 55 markets. Upon the opening of the Bangalore office, Cat Financial will be able to provide financing solutions to 94 percent of the geographies where machine retail deliveries occur.

Segment Revenues*
(in millions)

* Includes revenues from Machinery, Energy & Transportation

Segment Profit
(in millions)