A Business Credit Agreement is available to business customers with a deposit or trade-in who ultimately wish to own the vehicle. In some circumstances we will be able to fully finance the purchase of a new vehicle.

Payments can be structured to suit the business customer’s requirements, which may include a final ’balloon payment’ at the end of the term.

Business Customer Benefits

•      •  Part of a complete financial package, 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 Services no longer has an interest in the vehicle.

Insurance Requirements

Customers are required to maintain a comprehensive insurance policy over the vehicle.

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:

End Of Term

•      •  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