Mack Trucks Inc. today announced that beginning on October 1, a new captive finance company, Mack Commercial Finance, will begin offering a full array of custom financial services to Mack distributors and customers in the United States and Canada.
Mack Commercial Finance is a division of VFS US LLC, one of the largest captive truck finance companies in North America. Mack Commercial Finance and its affiliates will offer wholesale and retail financing, insurance, credit card services, leasing solutions for customers and Mack Leasing System dealers, and a host of other services designed specifically for the special requirements of the truck industry.
“Our customers and dealers will benefit from having a finance source that is fully integrated with our company, and that specializes in trucking,” said Eric Frachon, Mack executive vp – finance. “We look forward to working with Mack Commercial Finance to deliver the services our customers need to be successful in today’s competitive trucking industry.”
Mack Commercial Finance and its affiliates have a total portfolio of more than $2.5 billion, and their more than 350 employees work with a network of more than 600 truck dealers across the United States and Canada.
