Avino Silver & Gold Mines enters into $5M credit facility Avino Silver & Gold Mines (ASM) announced that its Mexican subsidiary has entered into a master credit facility with Caterpillar Finance (CAT) for up to $5M. The credit facility bears interest at rates ranging from 0%-4.95% per annum. Equipment leased under the credit facility has terms of 18 months-60 months. These terms are dependent on the company's requirements and equipment acquired.
Caterpillar and Uptake partner to create analytics solutions Caterpillar has entered into a technology and predictive analytics agreement with Uptake, provider of an analytics and insight platform for a wide array of industries, based in Chicago, Illinois. Caterpillar has made a minority investment in Uptake and will jointly develop an end-to-end platform for predictive diagnostics to help Caterpillar customers monitor and optimize their fleets more effectively.