Flexible, customized financing designed for the bus and truck industries.
At Thomas Built Buses, we know that every mile—and dollar—matters. That’s why we partner with Daimler Truck Financial to offer industry-leading finance programs that allow you to purchase newer buses, reduce average fleet age, and deliver real savings.
As the captive finance provider for Daimler Truck North America since 1974, Daimler Truck Financial strives to offer the best products and services in the commercial vehicle industry, and prides itself on being a trusted partner you can rely on to help achieve your business goals.
See what Daimler Truck Financial can do for you.
Daimler Truck Financial is here to help your business succeed. To learn more about our full range of financing and protection products, visit www.daimler-truckfinancial.com or contact your Thomas Built Buses dealer.
Municipal and School District Financing
In addition to helping school districts expand or replace their fleet with buses that deliver reduced maintenance and operating expenses, Daimler Truck Financial offers tax-exempt municipal financing programs with lower interest rates.
Municipal finance programs are not considered debt. This allows your district to invest in buses that offer the latest safety and technological advances without adding debt to your balance sheet so that you can save today—and tomorrow.
Financing with Daimler Truck Financial allows you to increase your purchasing power, offset purchase cyclicality due to economic conditions, and enjoy flexible repayment terms, support for multiple purchase scenarios, and tax-exempt installment purchasing that lets you make periodic payments over the life of the bus (which you’ll own at the end of the payment cycle).
See how Daimler Truck Financial drives home financial advantages.
Tax-exempt contracts. A less taxing way to finance.
What is a Tax-Exempt Contract?
- A tax-exempt contract that allows a public entity to purchase equipment and related services² by making periodic payments over the useful life of the asset (i.e., an installment purchase contract)
- Included as a line item in the borrower’s operating budget and treated as a lease (not debt) under applicable state law
- Interest rates are lower than commercial rates due to the tax-exempt treatment
- Installment payments are subject to annual budgetary appropriations by the municipality
- Voter referendum is generally not required
What are the Benefits of Tax-Exempt Financing?
- Low-cost, tax-exempt capital
- Flexible repayment terms
- Maximizes use of budgeted funds
- Protection against obsolescence
- Matches expense with product useful life
- Easy to add on schedules
- Transaction treated as a lease (not debt) under applicable state law
- Straightforward and efficient
¹ Actual rates, terms, down payment, advance and program eligibility will be determined by Daimler Truck Financial’s credit team based on creditworthiness of customer. Daimler Truck Financial does not offer or endorse any
tax advice, accounting advice or tax strategy to its dealers, customers or potential customers. Please consult with your tax or financial adviser for tax and accounting treatment.
² Subject to IRS rules.
Financing for school bus contractors.
Whether you have one bus or 100, Daimler Truck Financial offers custom finance programs, competitive retail rates, and multiple payment options. Added flexibility allows you to manage your cash flow, grow your fleet, and run a competitive business with buses featuring the latest in advanced technologies, optimum safety features, and lower operating, fuel, and maintenance costs, all while spreading your payments over multiple years instead of one lump capital outlay.
Financing for Activity and Commercial Buses
From and activity buses to tour buses and everything in between, Daimler Truck Financial’s financing solutions are designed to help you maximize your budget, reduce operating expenses, and help you run your business efficiently and profitably.
Daimler Truck Financial
To learn more about how Daimler Truck Financial is here to help your business succeed, visit www.daimler-truckfinancial.com or contact your Thomas Built Buses dealer.
For more information about the variety of financial and protection products Daimler Truck Financial offers, click below to view our brochures.