Business Credit
High quality service for each and every customer
A Business Credit Agreement is available to business customers who ultimately wish to own the vehicle. In some circumstances we will be able to fully finance the purchase of a new vehicle.
Business Credit Agreements are designed to be flexible in order to suit your individual business requirements.
Business Customer Benefits
- Part of a complete financial solution, including insurance
- Build up equity in vehicle
- Payments tailored to suit individual needs
- Potential tax benefits for business customers
- Simple user-friendly documentation
- Competitive fixed rates
Agreement Term
- Minimum: 6 months
- Maximum: 60 months
Vehicle Ownership
Title of the vehicle transfers to the customer once all payments are made and Mercedes-Benz Financial no longer has an interest in the vehicle.
Insurance Requirements
Customers are required to maintain a comprehensive insurance policy over the vehicle.
End Of Term
Once final payment is made, full ownership transfers to the customer. If the contract has a balloon payment, there are various options available to the customer:
- Pay the full amount of the balloon payment to Mercedes-Benz Financial Services
- Refinance the amount of the balloon payment for a further term
- Trade or sell the vehicle and settle the amount owing