Photo: Mack Trucks
Mack Financial Services (MFS) is offering several enhanced and unique finance programs to help customers of all segments during the current coronavirus situation.

Daimler and Mack offer financial assistance during COVID-19

April 1, 2020
Both companies have created programs to assist their customers in the hopes that it will manage cash flow and keep up with current delivery demands.

Daimler Truck Financial (DTF), a business unit of Mercedes-Benz Financial Services USA, is rolling out a new finance program for Freightliner and Western Star vocational trucks in the construction segment while Mack Financial Services (MFS) is offering several finance programs to help customers of all segments during the current coronavirus situation.

“We know that customers in the construction segment have different business cycles and credit requirements. We will work together with our team at Daimler Trucks North America (DTNA) to provide financing solutions that fit their needs,” said Tobias Waldeck, head of Daimler Truck Financial. “This program is just one of a number of options we offer to help our customers run their businesses and keep the world moving.”

In addition to offering qualified buyers up to 120 days to make their first payment, DTF has several vocational-specific finance alternatives and custom finance packages including retail loans, seasonal and skip payments, multiple lease options and flexible payment terms.

“Now more than ever, local collaboration with our global partners at DTF will deliver holistic support for our construction customers,” said David Carson, senior vice president, Vocational sales and marketing, DTNA. “Whether before buying, during the purchase process, or to keep our customers up and running – we are here for them.”

MFS is offering four finance programs, all of which extend the first payment date for qualified buyers. Programs are for model year 2020 and 2019 Mack Anthem, Mack Pinnacle, Mack Granite, Mack LR and Mack TerraPro models.

“We’ve always recognized how vital trucking is to society, but it’s never been as evident to the general population as it is now,” said Tom Guse, president of MFS in the U.S. “It’s critical that deliveries are made and construction projects continue, so MFS developed these enhanced finance programs to help our customers with their operations during the current situation.”

  • The Let’s Deliver Finance Program for Mack Anthem and Pinnacle day cab models extends payment for 60 days for qualified buyers. Over-the-road and regional haul customers who purchase an eligible day cab and finance with MFS receive engine plan and Exhaust Aftertreatment (EATS) purchased coverage, competitive rates and no to low down payment options.
  • The Fully Loaded Highway Sleeper Finance Program is for Anthem and Pinnacle sleeper models and extends payment for 60 days for qualified buyers. Customers purchasing a new sleeper and who finance with MFS are eligible for engine plan and EATS purchased coverage, competitive rates and no to low down payment options.
  • For the Mack Granite model, MFS is offering the Let’s Build America Finance Program, extending the first payment to 90 days for qualified buyers. Vocational customers who finance with MFS will receive engine and EATS purchased coverage, competitive finance rates and flexible payment options.
  • The Trash into Cash Finance Program is for customers in the refuse segment desiring to purchase a Mack LR or TerraPro model. Qualified buyers will have 90 days to make the first payment and will receive chassis, engine and EATS purchased coverage, competitive finance rates and flexible payment options.

“Mack appreciates what our customers are doing on a daily basis to keep our stores stocked and our construction projects moving,” said Jonathan Randall, Mack Trucks senior vice president of North American sales and marketing. “These programs will help customers manage cash flow and keep up with the current delivery demands.”    

About the Author

Fleet Owner Staff

Our Editorial Team

Kevin Jones, Editorial Director, Commercial Vehicle Group

Cristina Commendatore, Executive Editor

Scott Achelpohl, Managing Editor 

Josh Fisher, Senior Editor

Catharine Conway, Digital Editor

Eric Van Egeren, Art Director

Voice your opinion!

To join the conversation, and become an exclusive member of FleetOwner, create an account today!

Sponsored Recommendations

Optimizing your fleet safety program using AI

Learn how AI supports fleet safety programs with tools for compliance monitoring, driver coaching and incident analysis to reduce risks and improve efficiency.

Mitigate Risk with Data from Route Scores

Route Scores help fleets navigate the risk factors they encounter in the lanes they travel, helping to keep costs down.

Uniting for Bold Solutions to Tackle Transportation’s Biggest Challenges

Over 300 leaders in transportation, logistics, and distribution gathered at Ignite 2024. From new products to innovative solutions, Ignite highlighted the importance of strong...

Seasonal Strategies for Maintaining a Safe & Efficient Fleet Year-Round

Prepare your fleet for every season! From winterizing vehicles to summer heat safety, our eBook covers essential strategies for year-round fleet safety. Download now to reduce...