The Cooperative Association of Tractor Dealers, Inc. ("CATD") is a captive funding company owned by independent Caterpillar equipment dealers. CATD manages the commercial paper program of Dealers Capital Access Trust, Inc. ("DCAT"). CATD has been in operation since 1981 and is headquartered in Memphis, Tennessee.

DCAT makes short-term working capital loans to the members of CATD and other entities who sell (or whose wholly owned subsidiaries sell) equipment supplied by Caterpillar. DCAT issues investment grade commercial paper ("CP") and uses the proceeds solely to fund its loan program. DCAT operates a "maturity matched" program; all loans have the same maturity dates as the CP issued to fund them.