FARMINGTON HILLS, Mich. and LOGAN TOWNSHIP, N.J.— Daimler Truck Financial revealed Monday that it will begin providing financial products and services for more than 175 Mitsubishi Fuso Truck of America dealers and their customers.

DTF noted that through this partnership the companies will “provide customers with competitive financing options with rates in Q3 as low as 0.9 percent for qualified customers.”

"We understand the finance requirements of the vocational buyer, and we have the dedicated credit teams who have handled this kind of business for years," said Juergen Rochert, vice president and head of DTF.

"The combination of MFTA's product lineup and DTF's financial expertise in the industry will further improve the market position of Daimler's commercial vehicle sales in the United States," he continued.

Other offerings will include packages with terms up to 72 months, TRAC leases, a full line of insurance and aftermarket products and online account management.

“These wide ranging services have contributed to DTF's reputation as a leader in customer and dealer satisfaction among captive finance sources in the trucking industry,” company officials stressed.   

Moreover, to facilitate the partnership, DTF has designed a dealer reference guide for all MFTA dealers available for print or download. This guide contains contact information for DTF sales, credit and service staff, as well as credit application, funding requirements and instructions on using its F&I Pro Website and electronic funds transfer systems.

Todd Bloom, president and chief executive officer of MFTA — which markets  Class 3 through Class 5 cabover work trucks — expressed his enthusiasm for the new partnership: "The addition of DTF as a financial resource for our network of dedicated dealers and loyal customers will only aid to solidify our position in the market by placing more of the revolutionary new line of Canter FE/FG- Series trucks into business and municipal operations throughout the United States." 

DTF also provides financial services for Freightliner, Western Star, Sprinter and Thomas Built Bus dealers and customers and manages a portfolio of  approximately $5 billion, according to the company.