Fuso Finance Solutions



Similar documents
Sprinter Van Finance Solutions

Financing for Vocational Trucks

Commercial Van Finance Solutions

Financing for Fleets

Your Guide to Financing

Your Guide to Financing

Business Solutions. offered by LEXUS FINANCIAL SERVICES. exclusive vehicle financing for business owners

Suzuki Finance and Insurance Solutions

The Insider s Guide to Leasing

EQUIPMENT FINANCE SOLUTIONS

FINANCING A SEMI TRUCK OR TRAILER

REAL ESTATE INVESTMENT TRUSTS (REITs)

Equipment Leasing Terms

Syndicated Revenue Loans. Secured Lines of Credit

Buy, Stock & Trade With Confidence Introducing

Leasing vs. Purchasing

FINANCING 101. The smartest way to finance.

Leases Learning Objectives. Overview of Leasing. Advantages of Leasing

Lease Guide Turns dreams into reality.

Insurance for Owner-Operators and Small Businesses

TCF Equipment Finance

Finance that fits. Finance that fits SCF /15

Mercedes-Benz Business Solutions. Built around your business.

Strategic Analysis of the US Fleet and Vehicle Lease Market Recovery from Financial Crisis Generating Strong Growth

Credit Union Leasing of America

TCF Equipment Finance

FINANCING

Thirsting for ideas to help your restaurant grow?

TCF Equipment Finance

Interim Condensed Consolidated Financial Statements NOBLE IRON INC. For the three months ended March 31, 2015 and 2014 (Unaudited)

Types of Leases. Lease Financing

Wells Fargo Equipment Finance. Juliana L. Lowe Vice President / Territory Manager 505 / May 12, 2016

Get the facts. What every homeowner who is at least 62 years of age should know about reverse mortgage loans

Exhibit 1. General Motors Company and Subsidiaries Supplemental Material (Unaudited)

HIGHWOOD GOLF AND COUNTRY CLUB. FINANCIAL STATEMENTS Year Ended October 31, 2010

THE FREEDOM OF MOBILITY.

Factoring Buyer's Guide By the purchasing experts at BuyerZone

Solution. A Crown Insite TM. Real Data. Real Savings. Fleet Maintenance Management System

THE LEASE VERSUS BUY DECISION

Volkswagen TDI Customer Goodwill Package Customer FAQ

Interim Condensed Consolidated Financial Statements NOBLE IRON INC. For the three months ended March 31, 2014 and 2013 (Unaudited)

Toyota Finance for Business

APX GROUP HOLDINGS, INC. REPORTS FIRST QUARTER 2014 FINANCIAL RESULTS

Banker s Day India. Marc Llistosella, CEO and Managing Director of DICV. Daimler India Commercial Vehicles Pvt. Ltd. T/I Llistosella, December 2012

Why Mercedes-Benz Finance

Operating Revenues Service revenues and other $ 28,217 $ 28,611 (1.4) Wireless equipment revenues 3,954 3, Total Operating Revenues

About FUSO Finance and *Insurance

Choice 6. American Equity. Simple Choices for a Secure Retirement. The one who works for you!

Leaseurope Position on the Evaluation Report on the Operation of the Automotive Block Exemption Regulation (EC No 1400/2002)

STATEMENT ON FINANCIAL POSITION

Edward Jones Money Market Fund

DTS CORPORATION and Consolidated Subsidiaries. Unaudited Quarterly Consolidated Financial Statements for the Three Months Ended June 30, 2008

[Author Name] [Type the abstract of the document here. The abstract is typically a short summary of the contentsof the document.] Utility Take-Home

Business Vehicle Finance from Ford. A guide to Business Vehicle Finance and company vehicle taxation

Section 1: Georgia Sales and Use Tax Principles Presented by Ned A. Lenhart, CMI, CPA

Module 2: Preparing for Capital Venture Financing Financial Forecasting Methods TABLE OF CONTENTS

Enhance Your Financial Security. With a Home Equity Conversion Mortgage

we want to protect and provide for our family

A Division of TCF National Bank

BUSINESS TOOLS. Preparing Agricultural Financial Statements. How do financial statements prove useful?

AFM 391 Case Concepts

Daimler Financial Services in China Alexandre Mallmann, President & CEO of Mercedes-Benz Auto Finance Ltd.

Drive Your Dream Auto Buying FAQs

Equipment Leasing Purchasing Guide

Title: Common Terms Used in the Leasing Industry

Why Invest in a Non-Traded Business Development Company?

Mechanical Breakdown Insurance Policy Summary

Staples, Inc. Announces First Quarter 2016 Performance

A guide to investing in unit investment trusts

ESOP Advantage. Employee Stock Ownership Plan

Vehicle & Equipment Finance

LOAN APPLICATION. Name of Business (Legal Name): Address: City, State, Zip: Business Phone: Federal Tax ID #:

Types of Leases. Lease Financing. FINC 3630 Yost

Transcription:

Finance Solutions

Mitsubishi Fuso Truck of America, Inc. is focused on delivering trucks with the lowest cost-of-ownership in its class. Its Canter Series class 3-5 dieselpowered, medium-duty cabover trucks fulfill the transportation needs of a wide variety of businesses and industries including beverage, catering, refrigerated and dry cargo delivery fleets, vehicle recovery, towing, pest control, plumbing, light construction and landscaping. And as the captive financial service provider for Mitsubishi Fuso, nobody does more to deliver the right financing product to suit the diverse needs of the vocational customer than Daimler Truck Financial. 1 Fuso Finance Solutions

We Understand Your Business Having been in the commercial transportation industry for more than 40 years, we understand the complexities of running a business and managing cash flow; and we know that these issues often require custom financing solutions. We know that your truck can be upfit for different uses with various lifecycles, which is why we have a product line including retail loans and leases to help you acquire the complete truck you need. And unlike your local bank, we have the ability to modify many of our programs for both new and used equipment. We can even structure a solution to finance the truck, body, accessories and aftermarket products into one package. We are proud to be the captive finance source for Mitsubishi Fuso and we are committed to providing competitive, specialized finance and lease programs to help Fuso customers operate and grow their businesses efficiently and profitably. Whether you own and operate one truck, 10 trucks or 100 trucks, let our financing experts develop a program that addresses the fiscal challenges of your budget so you can focus on your business. Fuso Finance Solutions 2

Financing Choice Our custom finance products combine retail finance rates 1 with your Fuso dealer s inventory of new and used vehicles. These products include: Retail Loan This is a simple-interest, fixed-payment program that locks in an interest rate 1. Customers can rely on a stable monthly payment for the term of the loan. We can even structure a solution to finance the truck, body, and accessories, into one package. TRAC Lease The most common form of commercial leasing is a Terminal Rental Adjustment Clause (TRAC) lease. Our TRAC lease does not require any acquisition fee or excess mileage charges. With a TRAC lease, the customer is responsible for the residual value of the truck, so that value is determined with customer input. There are also multiple options at lease end, including acquiring the vehicle or having the vehicle sold. Zero TRAC Lease The Zero TRAC lease offers many of the same benefits as a TRAC lease but amortizes to $0 at lease termination. At lease end, customers may purchase the vehicle for its fair market value and Daimler Truck Financial will credit the customer s payments to the purchase price, providing ownership of the vehicle at lease end with little or no cash outlay 2. Customers also can choose to have us sell the vehicle, and we will return any net proceeds from the sale directly to them. Fair Market Value (FMV) Lease The Fair Market Value (FMV) lease is commonly referred to as a walk away lease since the lessee can simply turn in the vehicle and walk away, at lease maturity, and after meeting all obligations of the contract (subject to certain return conditions and mileage restrictions). There is no acquisition fee or up-front payment and payments may be expensed against income 3. It typically requires a lower initial cash outlay and lower monthly payments than through a traditional loan. With this type of lease, the lessee avoids the risks and responsibilities typically associated with vehicle ownership, although the lessee can also purchase the truck at the end of the term for its current fair market value. 3 Fuso Finance Solutions

Daimler Truck Financial offers a comprehensive line of financing products tailored to business customers and one of our credit teams has been specifically trained to understand vocational business segments. The individuals on this team understand the credit needs of your business and can help structure a finance package to suit your specific requirements. They know your business and work with customers like you every day. Benefits of Financing with Daimler Truck Financial include 1 : Competitive rates Up to 100% financing with no down payment Loans tied to your delivery schedule Customized finance packages (such as variable, skip or balloon payments) Used equipment financing Line of credit for future purchases Easy application process Simplified documentation Online and on-the-go access to account information Consolidated billing Fuso Finance Solutions 4

Flexible Payment Options Daimler Truck Financial is flexible. When you finance your truck with us, you can look forward to a number of payment options to best suit the needs of your business. Balloon Payments These types of loans allow customers flexibility with their cash flow and are effective if a customer plans on selling the equipment prior to the end of the term. Skip/Seasonal/Token Payments Loans can be structured to account for the seasonality of your vocational business, with no required payments during slow periods 4. Deferred Payments We allow qualified customers to defer payments, if needed. Life is full of uncertainties and this value-added service can provide peace of mind when you need it most. Extended Terms We offer extended terms to help our customers acquire the vehicles they need with a payment they can afford. Lines of Credit We offer lines of credit, an advantage that can free up operating lines of credit for normal business expenses. No Maximum Amount Financed We routinely fund contracts for multiple vehicles, including certain body financing for vocational customers. Special Finance Programs From time to time, we offer special finance programs in conjunction with programs sponsored by Mitsubishi Fuso. Be sure to ask what programs may be available at the time of financing your truck. 5 Fuso Finance Solutions

Online Support Financing with Daimler Truck Financial has many advantages including online account management at www.daimler-truckfinancial.com. Find information faster with a responsive website optimized for your laptop, tablet and smartphone. Online account management offers you with a host of features that will help you stay connected and effectively manage your accounts and your business; 24 hours a day, 7 days a week. Let Us Help With 40 years in the business, we still treat every customer individually and approach each situation as a unique finance opportunity. Daimler Truck Financial prides itself on being able to provide a variety of finance solutions to fit nearly any customer s need. Whether it s offering extended terms on a finance contract or a competitive TRAC lease, our team of dedicated professionals can help design the finance contract that best fits your business. Talk to your local Mitsubishi Fuso dealer or visit us on the web at www.daimler-truckfinancial.com to find out more about the many ways that Daimler Truck Financial can meet your financing needs. Isn t it time you have financing that works for you? Fuso Finance Solutions 6

For additional information, please visit daimler-truckfinancial.com or call 800-222-4221. 1 Actual rates, terms, down payment, advance and program eligibility will be determined by Daimler Truck Financial Credit team based on creditworthiness of customer. 2 Sales taxes on the purchase will be due in some states. Check with your tax advisor for details. 3 Daimler Truck Financial does not offer or endorse any tax advice, accounting advice or tax strategy to its dealers, customers or potential customers. Customers should consult with their own tax or financial adviser for tax and accounting treatments. 4 Skip payments not available on leases. 2014 Daimler Truck Financial is a business unit of Mercedes-Benz Financial Services USA LLC. All rights reserved DTF-B-FUSO-1O39 (July2014/5,000)