FUSO Financial provides FUSO Brand customers with innovative and unique business solutions such as Mitsubishi FUSO Maintenance Lease which sets new financial product service standards in terms of ease-of-mind and trust in the Japanese commercial vehicle financial industry. Amongst others, these are
1) Credit decision within the application day (quickest in the industry)
2) Financing terms up to 8 years (maximal length in the truck leasing industry)
3) Comprehensive credit analysis method based on financials, business capability and dealers’ assessment of a customer
FUSO Financial aims to increase its contract volume to one billion Euros in 2012. “Despite an overall decline in the Asian market for commercial vehicle leasing business due to the global economic crises, we increased our business continuously to a market share of 35% in the FUSO new vehicle retail financing,” said Dr. Tilo Schmid-Sehl, CEO of Daimler Financial Services Japan Co. Ltd.
FUSO Financial Profile
FUSO Financial has commenced its business operation as the Operational Department of Daimler Financial Services Japan Co. Ltd., which is a group company of Daimler Japan Co., Ltd. FUSO Financial as the sole captive finance company of Mitsubishi FUSO is offering financial services such as tailor-made leasing, finance and insurance services. Daimler Financial Services Japan Co., Ltd. is a subsidiary of Daimler Financial Services AG.
Daimler Financial Services AG has been engaged in the business operation in more than 40 countries and has achieved No. 1 position in the commercial vehicle financial business. With a comprehensive product portfolio including financing, leasing, insurance consultation services and fleet-management services, Daimler Financial Services AG is responsible for a contract volume of €60 billion (8370 billion yen). Worldwide more than every third new group vehicle is financed or leased by Daimler Financial Services AG.
Additional information about FUSO Financial is available on:
www.fuso-financial.jpnancial.jp