Cat Financial to Sell Commercial Accounts to Citibank

Cat Financial will bring its customers the Cat Card Program offered by Citibank. The new Cat Card Program will offer both commercial and consumer financing options to give customers the flexibility to finance parts, servicing and rental needs at participating Cat dealers in North America.

With the new program, customers can continue to use their commercial accounts at any participating Cat dealer in the U.S. or Canada. Although Cat Financial branded, the accounts will be owned by Citibank, including all existing balances held by current commercial account customers.

On August 27, all existing Cat Financial commercial accounts will be purchased by Citibank. Until this date, existing commercial account holders can continue to manage their accounts via MyCatFinancial as normal.

Existing commercial account customers will receive a physical Cat Commercial Card with a new account number soon after the accounts are purchased on August 27. Until then, customers can continue using their current account number as normal.

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Terry Mulreany
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Susie Angelucci
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