Caterpillar launches asset finance programme
Caterpillar Oil & Gas has launched a financial product that provides 100% financing for new offshore or marine assets, enabling customers to expand without risk.
“Our message is clear: we have a proprietary new financing model for the offshore industry that can help our customers succeed and grow despite down cycle market conditions,” said Antti Ekqvist, offshore manager, Caterpillar Oil & Gas global.
The Asset Financial Solution affords customers zero project risk from the onset. The financial offering has the flexibility to account for all aspects of an offshore newbuild, including risk mitigation for unexpected construction or project costs.
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