Caterpillar
      Financial Asset Trust 2004-A**SERVICING
      REPORT**
    **Exhibit 99.4**Distribution
      Date
    
    2004
      YEAR ENDTransaction
      MonthCollection
      Period Month BeginCollection
      Period Month End
    YEAR
      END STATEMENTPrevious
      Payment Date (or Closing Date)
    AS
      OF 12/31/04Actual
      Days in Accrual Period**ORIGINAL
      DEAL PARAMETERS**Initial
      Note Value
    
    $658,742,296.58Initial
      Aggregate Contract Balance
    $660,300,219.59Number
      of Contracts
    8,749Wtd.
      Avg. APR
    
    
    5.71%Wtd.
      Avg. Remaining Term
    41Annual
      Servicing Fee Rate
    1.00%Reserve
      Account Initial Deposit
    $8,234,278.71Specified
      Reserve Account Balance
    $14,821,701.67Class
      A-1 Note Original Principal Balance
    $183,400,000.00Class
      A-1 Note Rate
    1.3704%Class
      A-1 Note Final Scheduled Distribution Date
    May
      25, 2005Class
      A-1 CUSIP Number
    149114
      BR 0Class
      A-2 Note Original Principal Balance
    $164,000,000.00Class
      A-2 Note Rate
    2.18%Class
      A-2 Note Final Scheduled Distribution Date
    December
      26, 2006Class
      A-2 CUSIP Number
    149114
      BS 8Class
      A-3 Note Original Principal Balance
    $283,300,000.00Class
      A-3 Note Rate
    3.13%Class
      A-3 Note Final Scheduled Distribution Date
    January
      26, 2009Class
      A-3 CUSIP Number
    149114
      BT 6Class
      B Note Original Principal Balance
    $18,161,000.00Class
      B Note Rate
    
    3.71%Class
      B Note Final Scheduled Distribution Date
    March
      25, 2010Class
      B CUSIP Number
    149114
      BU 3Certificate
      Balance
    
    $9,881,296.58**INPUTS
      FROM PREVIOUS PERIOD SERVICER REPORT**Note
      Value
    
    
    N/AAggregate
      Contract Balance
    N/ANumber
      of Contracts
    N/AWtd.
      Avg. APR
    
    
    N/AWtd.
      Avg. Remaining Term
    N/AReserve
      Account Balance
    N/AClass
      A-1 Note Outstanding Principal Balance
    N/AClass
      A-1 Note Interest Shortfall
    N/AClass
      A-2 Note Outstanding Principal Balance
    N/AClass
      A-2 Note Interest Shortfall
    N/AClass
      A-3 Note Outstanding Principal Balance
    N/AClass
      A-3 Note Interest Shortfall
    N/AClass
      B Note Outstanding Principal Balance
    N/AClass
      B Note Interest Shortfall
    N/AServicing
      Fee Shortfall
    N/A**CURRENT
      COLLECTION PERIOD ACTIVITY**Total
      Interest Collections
    $21,893,883.26Total
      Principal Collections
    $169,445,716.23Residual
      Collections
    $62,596.20Warranty
      Repurchases Contracts
    $0.00Administrative
      Repurchases
    $160,694.29Liquidation
      Proceeds
    $1,289,975.34Reserve
      Account Reinvestment Income
    $93,906.75Total
      Available Amount
    $192,946,772.07Beginning
      Note Value
    $658,742,296.58Ending
      Note Value
    
    $487,220,441.35Beginning
      Aggregate Contract Balance
    $660,300,219.59Ending
      Aggregate Contract Balance
    $488,346,742.70Number
      of Contracts at Beginning of Period
    8749Number
      of Contracts at End of Period
    8,038Wtd.
      Avg. APR
    
    
    5.70%Wtd.
      Avg. Remaining Term
    33Aggregate
      Scheduled Amounts 31-60 days past due
    $7,016,298.82Aggregate
      Scheduled Amounts 61 days or more past due
    $4,472,921.42Net
      Losses on Liquidated Receivables this Period
    $475,813.75Repossessed
      Equipment not Sold or Reassigned (Beginning)
    $0.00Repossessed
      Equipment not Sold or Reassigned (End)
    $2,980,717.66**CALCULATION
      OF DISTRIBUTABLE AMOUNTS**Servicing
      Fee Due
    
    $3,895,554.94Has
      Reserve Account Reached the Specified Reserve Account Balance (Yes /
      No)?
    YesAdministration
      Fee
    
    $4,000.00Class
      A-1 Noteholders' Monthly Interest Distributable Amount
    $1,021,753.89Class
      A-1 Noteholders' Interest Carryover Shortfall
    $0.00Class
      A-1 Noteholders' Interest Distributable Amount
    $1,021,753.89Class
      A-2 Noteholders' Monthly Interest Distributable Amount
    $2,383,466.67Class
      A-2 Noteholders' Interest Carryover Shortfall
    $0.00Class
      A-2 Noteholders' Interest Distributable Amount
    $2,383,466.67Class
      A-3 Noteholders' Monthly Interest Distributable Amount
    $5,911,526.67Class
      A-3 Noteholders' Interest Carryover Shortfall
    $0.00Class
      A-3 Noteholders' Interest Distributable Amount
    $5,911,526.67Class
      A Noteholders' Monthly Interest Distributable Amount
    $9,316,747.22Class
      A Noteholders' Interest Carryover Shortfall
    $0.00Class
      A Noteholders' Interest Distributable Amount
    $9,316,747.22First
      Priority Principal Distribution Amount
    $0.00Class
      B Noteholders' Monthly Interest Distributable Amount
    $449,182.07Class
      B Noteholders' Interest Carryover Shortfall
    $0.00Class
      B Noteholders' Interest Distributable Amount
    $449,182.07Second
      Priority Principal Distribution Amount
    $92,471,482.59Net
      Excess Spread Amount
    $7,066,993.11Regular
      Principal Distribution Amount
    $79,050,372.64Total
      Required Payment
    $106,132,966.82Draw
      from Reserve Account
    $0.00Total
      Distribution Amount
    $192,946,772.07**DISTRIBUTIONS
      FROM COLLECTION ACCOUNT**1.
      Servicing Fee
    
    $3,895,554.942.
      Administration Fee
    $4,000.003.
      Class A Noteholders' Interest Distributable Amount to Class A
      Noteholders
    $9,316,747.224.
      First Priority Principal Distribution Amount to Principal Distribution
      Account
    $0.005.
      Class B Noteholders' Interest Distributable Amount to Class B
      Noteholders
    $449,182.076.
      Second Priority Principal Distribution Amount to Principal Distribution
      Account
    $92,471,482.597.
      Deposit to Reserve Account
    $6,587,422.968.
      Regular Principal Distribution Amount to Principal Distribution
      Account
    $79,050,372.6410.
      Deposit to Certificate Distribution Account
    $1,172,009.64**DISTRIBUTIONS
      FROM PRINCIPAL DISTRIBUTION ACCOUNT**1.
      Principal to Class A-1 Noteholders
    $171,521,855.232.
      Principal to Class A-2 Noteholders
    $0.003.
      Principal to Class A-3 Noteholders
    $0.004.
      Principal to Class B Noteholders
    $0.005.
      Deposit to Certificate Distribution Account
    $0.00**RECONCILIATION
      OF RESERVE ACCOUNT**Beginning
      Reserve Account Balance
    $8,234,278.71Draw
      from Reserve Account to cover shortfalls
    $0.00Interim
      Specified Reserve Account Balance
    $14,821,701.67Deposit
      to Reserve Account Needed
    $6,587,422.96Deposit
      to Reserve Account from Collection Account
    $6,587,422.96Specified
      Reserve Account Balance
    $14,821,701.67Reserve
      Account Release deposited into Certificate Distribution
      Account
    $0.00Ending
      Reserve Account Balance
    $14,821,701.67**SUMMARY
      OF DISTRIBUTIONS**Servicing
      Fee Paid to Servicer
    $3,895,554.94Servicing
      Fee Shortfall
    $0.00Class
      A-1 Interest Paid
    $1,021,753.89Class
      A-1 Interest Shortfall
    $0.00Class
      A-1 Principal Paid
    $171,521,855.23Ending
      Class A-1 Principal Balance
    $11,878,144.77Class
      A-2 Interest Paid
    $2,383,466.67Class
      A-2 Interest Shortfall
    $0.00Class
      A-2 Principal Paid
    $0.00Ending
      Class A-2 Principal Balance
    $164,000,000.00Class
      A-3 Interest Paid
    $5,911,526.67Class
      A-3 Interest Shortfall
    $0.00Class
      A-3 Principal Paid
    $0.00Ending
      Class A-3 Principal Balance
    $283,300,000.00Class
      B Interest Paid
    $449,182.07Class
      B Interest Shortfall
    $0.00Class
      B Principal Paid
    $0.00Ending
      Class B Principal Balance
    $18,161,000.00Deposit
      to Certificate Distribution Account
    $1,172,009.64
 
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