Let's build together.

Loan vs Lease

Loans

When ownership is important to you then a retail loan can benefit your business.

• Plan to own the equipment
• Build equity
• Versatile terms available that align with your business needs
• Flexible payment options – balloon payments, seasonal or skip payments for qualified customers

Lease

Lease payments are often lower than a typical retail loan and may have tax benefits for your company. We have several leases available for consideration.

TRAC Lease

Acquire your truck at a predetermined amount or sell it at the end of the lease term*

• Preserve bank lines
• Often no down payment required
• Residual is determined at the beginning of the lease term
• Typically provides lower payment option than traditional retail loan
• Option to purchase the equipment at lease maturity

Fair Market Value (FMV) Lease

Turn your truck in or purchase it at the end of the lease term for the fair market value.

• Preserve bank lines
• Often no down payment required
• Typically provides the lowest payment option than other lease or retail loan structures
• Ability to “walk-away” at lease maturity**

*Purchase at the predetermined TRAC value or return to lessor for disposition. If the truck sells for more than the residual the customer will receive the net proceeds. If the truck sells for less, the customer is responsible for the difference.
** Return conditions and excess mileage charges apply.

Insurance Options

GAP Waivers*

In the event of a total loss or unrecovered theft, a GAP Waiver helps you get back on the road by waiving the difference between what your insurance pays and the amount you owe.

Looking for additional insurance options? Visit www.mackintegratedinsurance.com

Benefits of Working with Us

Our customers choose Mack Financial Services because they understand we are committed to offering custom and comprehensive solutions for their businesses.

For over-the-road or vocational applications, we are your source for financial solutions that are both sound and flexible. We provide consistent and competitive financing and leasing solutions to support our customers.

We understand your business

• Equipment expertise
• Flexible financing options
• Insurance products
• Automated service
• Electronic invoicing
• Easily make payments with Speedpay
• Automated Clearing House (ACH) recurring payments.

Frequently Asked Questions

Our customers choose Mack Financial Services because they understand we are committed to offering custom and comprehensive solutions for their businesses.

For over-the-road or vocational applications, we are your source for financial solutions that are both sound and flexible. We provide consistent and competitive financing and leasing solutions to support our customers.

Q. Why should I finance with Mack Financial Services (MFS)?
A. As the captive finance company for Mack Trucks we know the equipment and understand the challenges you face in the transportation industry. We can offer personal consultation and assist in finding the right finance structure to meet your business needs. We often have special bundled finance offers that may include extended purchase plans to protect your investment.

Q. I already have financing lined up.
A. You may consider preserving your bank lines for other business purposes and consider using MFS. We often have special bundled finance offers that may include extended purchase plans or service agreements to protect your investment.

Q. Do I have to put money down when I purchase a truck?
A. Many customers finance 100% of their purchase however, a down payment or the use of trade equity helps you improve your cashflow, lower your Total Cost of Ownership (TOC) and build equity in your new truck investment.

Q. How long can I finance my truck?
A. Our flexible financing provides many options for the terms of a lease or loan. Many customers match their finance terms to a predetermined life cycle and/or any extended purchase coverage acquired with the truck. Depending on the segment of the transportation industry in which you operate, in common terms are from 36 months to 60 months.

Q. Is a lease or a loan better for me?
A. Depending on your business needs our experienced staff can review both a lease or a loan structure with you. However, we advise you to consult your financial advisor to make a final decision on which product will meet your financial goals.

Q. How do I contact MFS?
A. You can reach our staff by calling (800) 281-8585 or by reaching out directly to your local Mack Truck dealer for more information.