CG Commercial Finance (CGCF) has completed an 84 month operating lease for ArcelorMittal USA in the amount of $4,500,000 consisting of a used Caterpillar Rotary Blasthole Drill and accessories.

ArcelorMittal USA is a wholly owned subsidiary of ArcelorMittal Incorporated, a Fortune 100 Steel and Mining company and a leading supplier of quality steel products in all major markets including automotive, construction, household appliances and packaging.

CGCF, competing against money center and regional banks, worked hard to secure the transaction by providing the most competitive pricing, customizing documentation to accept ArcelorMittal’s specific terms and conditions, and achieving the highest advance amount for the used equipment