mack electric refuse truck
New financing options are available for Mack Trucks, such as this electric LR collection vehicle.
Photo provided by Mack Trucks.

Mack Trucks offers financing options to waste market

Company’s COVID-19-related programs include “Trash into Cash” finance option for waste and recycling haulers.

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Greensboro, North Carolina-based Mack Financial Services (MFS) is offering several what it calls “enhanced and unique” finance programs designed to help its customers during the COVID-19 coronavirus situation. One of the four new programs is targeted specifically toward the waste and recycling hauling sector.

The Trash into Cash Finance Program is for customers in the refuse segment who want to purchase a Mack LR or TerraPro model, says MFS. Qualified buyers will have 90 days to make the first payment and will receive chassis, engine and exhaust aftertreatment systems (EATS) coverage, plus what Mack calls competitive finance rates and flexible payment options.

“We’ve always recognized how vital trucking is to society, but it’s never been as evident to the general population as it is now,” says Tom Guse, president of MFS in the U.S. “It’s critical that deliveries are made and construction projects continue, so Mack Financial Services developed these enhanced finance programs to help our customers with their operations during the current situation.”

MFS is offering three more finance programs, each of which extends the first payment date for qualified buyers. In addition to the LR and TerraPro models, programs are for model year 2020 and 2019 Mack Anthem, Pinnacle and Granite trucks. The other three programs are:

  • For the Mack Granite model, MFS is offering the Let’s Build America Finance Program, extending the first payment to 90 days for qualified buyers. Customers who finance with MFS will receive engine and EATS purchased coverage, competitive finance rates and flexible payment options, says Mack.      
  • The Let’s Deliver Finance Program for Mack Anthem and Pinnacle day cab models extends payment for 60 days for qualified buyers. Over-the-road and regional haul customers who purchase an eligible day cab and finance with MFS receive engine plan and EATS purchased coverage, competitive rates and no-to-low down payment options.
  • The Fully Loaded Highway Sleeper Finance Program is for Anthem and Pinnacle sleeper models and extends payment for 60 days for qualified buyers. Customers purchasing a new sleeper and who finance with MFS are eligible for engine plan and EATS purchased coverage, competitive rates and no-to-low down payment options.

“Mack appreciates what our customers are doing on a daily basis to keep our stores stocked and our construction projects moving,” says Jonathan Randall, Mack Trucks senior vice president of North American sales and marketing. “These programs will help customers manage cash flow and keep up with the current delivery demands.”