
About CATD
Cooperative Association of Tractor Dealers,
Inc.
The Cooperative
Association of Tractor Dealers, Inc. (CATD) was incorporated
in 1981, to provide Caterpillar dealers with consistent, low
cost, short-term financing to fund the acquisition of inventory
and other normal business expenses.
CATD operates as
a non-profit cooperative. It distributes its net earnings
attributable to the patronage of its borrowers each year as
Patronage
Dividends.
Eligibility for
Membership:Shareholder
status in CATD (also referred to as "membership") is open to
any heavy equipment dealer which is (1) a party to a sales and
service agreement with Caterpillar, (2) a licensee of the right
to do business under a sales and service agreement with
Caterpillar or (3) the wholly owned subsidiary of a company
which is a party to a sales and service agreement with
Caterpillar. In
addition, a company which is a party to a sales and service
agreement with Caterpillar and owns (directly or through
controlled entities) 100% of the ownership interests of a
Caterpillar heavy equipment dealer may become a member.
No
member is permitted to own more than one share of CATD stock
and each member has one vote on each matter presented to the
shareholders.
CATD
is owned by fifty-two Caterpillar equipment dealers.
Click
here to view regional shareholder map.
Click herefor a brief
history of CATD.
The commercial paper program of the U.S.
Caterpillar®
dealers
|