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Mercedes-Benz Credit Corporation · Farmington Hills, MI United States

Company Description

36455 Corporate Dr.
Farmington Hills, MI
48331
United States (Map)
Phone: 248-991-6700
Fax: 248-957-2997

    If the Lord won't buy you a Mercedes-Benz, maybe the folks at Mercedes-Benz Credit can see fit to lend a hand. Also known as Mercedes-Benz Financial, the company provides financing for Daimler auto dealers' showroom inventories. It also provides their customers with financing for individual auto purchases and leases. Through an agreement with Bank of America, the company offers Mercedes-Benz-branded credit cards (customers can charge their first payment on their brand new card). Part of Daimler Financial Services, Mercedes-Benz Financial serves some 380,000 customers in nearly 40 countries.

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    Key Mercedes-Benz Credit Corporation Financials

    Company TypeSubsidiary

    Headquarters
    Fiscal Year-EndDecember
    Employees1,483

    Mercedes-Benz Credit Corporation Executives

    2 executives listed for Mercedes-Benz Credit Corporation's Farmington Hills, MI location.
    TitleName & BioContact
    President and CEO, Daimler Financial Services North AmericaKlaus EntenmannNetwork
    VP MarketingChristopher KeaferNetwork

    Competition

    Competitive Landscape for Mercedes-Benz Credit Corporation
    Demand is driven by consumer income and demographics. The profitability of individual companies depends on the correct assessment of repayment likelihood and effective collections activities. Large companies have an advantage in the ability to manage large portfolios of mortgage, auto, and credit card loans through sophisticated computer risk modeling. Small companies can compete effectively in the cash lending or sales finance segments, where a local or neighborhood presence is highly effective. The industry is capital-intensive; annual revenue per worker is about $430,000. To read the full description, subscribe now.
    Top Mercedes-Benz Credit Corporation Competitors
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