Caterpillar Financial equipment loans in Florida

Caterpillar Financial holds 8,008 active equipment financing statements against 3,732 businesses in Florida, according to public UCC filings. 1,679 new filings were recorded in the last 12 months, down 23% on the year before. 1,640 of these loans reach a typical 36, 48 or 60 month term end in the next six months, an unusually large 20% of the book. Construction is the largest equipment type, at 100%. Captive finance arms of the manufacturers write 100% of it, so dealer relationships matter here. That makes it the number 4 equipment lender in the state by active filings, with 2.8% of lender-held filings. It is classed as captive finance.