News | February 6, 2009

Caterpillar Announces 0% APR Financing On Compact Generator Sets

Source: Caterpillar Inc., Electric Power Division

Caterpillar Inc. is offering 0% APR financing on all North American compact generator sets 600ekW and smaller. This program is designed to help customers meet their needs for standby and prime power applications while benefiting from below-market interest rates and is available only through Caterpillar dealers.

The financing program, extended through its subsidiary, Caterpillar Financial, offers 0% APR over a 12-month repayment period on any qualifying purchases made before December 31, 2009 and shipments scheduled prior to May 31, 2010. Promotional rates will apply on all new Caterpillar® and Olympian diesel or gas generator sets up through and including 600ekW, as well as rental XQ packages and Caterpillar-branded ATS, UPS and switchgear products including PointGuard systems.

The program encompasses installment sale contracts and full payout finance leases. Caterpillar's 0% APR financing offer is based on price and applicable sales tax. An additional 10% of the total purchase can be used for customer installation and other soft costs. Low financing rates are also available to qualified customers purchasing equipment on longer terms.

All rates are subject to change on a quarterly basis and are based on approved customer credit. Cat Power Finance quotations will remain valid for the longer of the current calendar quarter or 30 days beyond the date of the quote.

Caterpillar is a leader in the power generation marketplace with power systems engineered to deliver unmatched durability, reliability and value. The company offers worldwide product support, with parts and service available globally through the Caterpillar service and dealer network. In addition, dealer service technicians are trained to service every aspect of Cat® equipment.

For more than 80 years, Caterpillar Inc. has been making progress possible and driving positive and sustainable change on every continent. With 2007 sales and revenues of $44.958B, Caterpillar is the world's leading manufacturer of construction and mining equipment, diesel and natural gas engines, and industrial gas turbines.

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SOURCE: Caterpillar Inc., Electric Power Division