Overdrive Funding arranges competitive Caterpillar finance for Australian businesses. We compare 80+ banks and specialist lenders, negotiate the deal and manage everything from start to finish — new or used, from dealers, private sellers, clearing sales or auctions anywhere in Australia.
Caterpillar is the benchmark against which every other machinery brand is financed in Australia. Cat has the deepest used market, the widest dealer footprint and the most predictable residuals of any equipment brand — and lenders price accordingly.
Caterpillar equipment we finance
- Excavators — 305, 308, 313, 320, 323, 330, 336, 349, 374 and 395
- Dozers — D1 through D11 including LGP variants
- Wheel loaders — 926, 950, 962, 966, 980 and 990
- Skid steers and compact track loaders — 226D, 236D, 259D, 279D and 299D
- Motor graders — 12M, 14M, 140 and 150
- Articulated dump trucks, rollers, telehandlers and attachments
We only finance machines located in Australia. See our machinery finance options for the full range.
What Caterpillar resale means for your rate
Cat resale is the strongest in Australian earthmoving, and it directly affects your finance. The machine is the lender's security, and a Cat has a liquid national market, parts in every region and values a lender can verify in minutes.
The practical effect is that Cats often attract more lender options, sharper rates and more forgiving age policies than comparable machines from smaller brands. A 12-year-old 320 is a known quantity with an established buyer pool; a 12-year-old off-brand equivalent is a risk the lender prices for — or declines.
Who finances Caterpillar equipment
Cat machines are financed across civil construction, earthmoving, quarrying, mining services, demolition, road building, landscaping and council works. The 320-class excavator is the single most financed machine size in Australian civil work.
Caterpillar finance rates
Established ABN (2+ years), new machine, full doc
Established ABN, used machine, low doc (no financials)
Newer ABN (under 12 months)
Prior credit issues or specialist lending
| Borrower profile | Indicative rate | Typical deposit |
|---|---|---|
| Established ABN (2+ years), new machine, full doc | From 6.1% | $0 – 10% |
| Established ABN, used machine, low doc (no financials) | 7% – 10% | 10% – 20% |
| Newer ABN (under 12 months) | 9% – 12% | 10% – 30% |
| Prior credit issues or specialist lending | 12% – 15% | 20% – 30% |
Rates are indicative only and subject to lender assessment, asset age, hours, term and your individual circumstances.
Low doc Caterpillar finance
Low doc (no financials) finance is available on Caterpillar equipment up to $500k for the right profiles, assessed on your ABN, GST registration, credit profile and the machine rather than tax returns or financial statements. It typically sits in the 7% to 10% range for an established business buying used.
New or used Caterpillar?
The used Cat market is genuinely deep, which means real choice in late-model, low-hour stock. Because values are so well established, a used Cat rarely surprises a lender — and that predictability is what gets deals approved that would be declined on a rarer machine.
Get a quote
Looking for the best rate on Caterpillar finance? You're in the right place. Speak directly with Simon and our team for a free, no-obligation quote, or get a free quote online. Our service is completely free. We're paid by the lender only after a deal settles, so there's no cost to you—even if you choose not to proceed.