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Business Advantage

EXCLUSIVE INCENTIVES

Business clients receive exclusive incentives¹ with the purchase of a new Mercedes-Benz vehicle

Here’s how it works

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APPLY

Get approved for a Business Advantage Auto Loan

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PRINT

Review available incentives, including electric vehicle options, and Print the Mercedes-Benz Program Incentive Form

car

DRIVE

Select your vehicle and finalize your paperwork at the dealer

Simply present your Bank of America Business Advantage Auto Loan approval letter and the printed Mercedes-Benz Incentive Form at any Mercedes-Benz dealership.

For questions regarding program requirements and eligibility, call Program Support at 800-721-9654.

With a Business Advantage Auto Loan, you’ll get:

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Competitive Rate

Ask for today’s rate.

30-day rate lock guarantee²

Your rate is good for 30 days.

Quick decision

No fee application and fast credit decision.

Get more with Preferred Rewards for Business

Car

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Preferred Rewards For Business

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Lower rates

Preferred Rewards for Business members can get an interest rate discount of 0.25%–0.50% for a new Business Advantage Auto Loan, based upon your tier at time of application.³

Ready to get started?

FAQs

Have more questions? See all business auto loan FAQs.

We’re here to help

Talk to a business specialist about your vehicle needs.

Connect with us

1

Applicant(s) must be 18 years old or otherwise have the ability to legally contract for automotive financing in your state of residence, and either a U.S. citizen or resident alien (permanent or non-permanent).

Credit and collateral are subject to approval. Terms and conditions apply. This is not a commitment to lend. Programs, rates, terms, and conditions are subject to change without notice.

This incentive program is provided by Mercedes-Benz USA, LLC which is solely responsible for any discount on a Mercedes-Benz vehicle. This program is limited to applicants who purchase their Mercedes-Benz vehicle with financing provided by Bank of America, N.A. To receive the Mercedes-Benz incentive, approved credit applicants must print the Mercedes-Benz Program Incentive Form and take it to a Mercedes-Benz dealership of their choice and take delivery of their vehicle. Please review the Mercedes-Benz Program Incentive Form for the applicable incentive discount.

Mercedes-Benz and the Mercedes-Benz logo are registered trademarks of Mercedes-Benz USA, LLC. Bank of America and the Bank of America logo are registered trademarks of the Bank of America Corporation.

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Based upon Approval Officer successfully contacting customer and obtaining the necessary information for underwriting evaluation. The term, amount, interest rate and repayment schedule for an approved loan may vary depending on creditworthiness. Rate is guaranteed for 30 days from the date of original application approval.

3

Preferred Rewards for Business Eligibility Requirements:

The Preferred Rewards for Business program is only available to Bank of America Small Business, Merrill Small Business, Bank of America Private Bank® Small Business, and Business Banking clients. Other categories of clients, such as those commonly referred to as Global Commercial Banking, Global Corporate Investment Banking, or Institutional clients are not eligible to participate in the program. Subject to certain exceptions, eligible business checking accounts generally are any Small Business checking account and the following Analyzed checking accounts: Full Analysis Business Checking or Analyzed Business Interest Checking. Clients in the eligible business categories may enroll in the program. To enroll you must have an active, eligible Bank of America business checking account, and maintain a qualifying balance of at least $20,000 for the Gold tier, $50,000 for the Platinum tier, or $100,000 for the Platinum Honors tier in your combined qualifying Bank of America business deposit accounts (such as checking, savings, certificate of deposit) and/or your Merrill business investment accounts (such as Working Capital Management Accounts, Business Investor Accounts, Delaware Business Accounts). The qualifying balance is calculated based on either (i): your average daily balance for a three-calendar month period, or (ii) your current combined balance, provided that you enroll at the time you open your first eligible business checking account and satisfy the balance requirement at the end of at least one day within thirty days of opening that account. Eligibility to enroll is generally available three or more business days after the end of the calendar month in which you satisfy the requirements. Benefits become effective within 30 days of your enrollment, or for new accounts within 30 days of account opening, unless we indicate otherwise. Certain benefits may be available without enrolling in the program if you satisfy balance and other requirements. Not all account types will count towards the balance requirements and receive program benefits. Refer to your Business Schedule of Fees for details on accounts that qualify towards the combined balance calculation and receive program benefits. Not all products and services eligible for benefits under the Preferred Rewards for Business program are available in all locations. Business Banking clients may contact their relationship manager for details about which products are available to them. Please contact 888.BUSINESS (888.287.4637), or if you are a Merrill Lynch Wealth Management or Bank of America Private Bank client contact your advisor, for details about which products and services are available in your location. Additional program information is available at: Preferred Rewards for Business.

Business Advantage Auto Loan Interest Rate Discounts:

Preferred Rewards for Business members who apply for a Business Advantage Auto Loan receive an interest rate discount of 0.25% for Gold tier, 0.35% for Platinum tier, and 0.50% for Platinum Honors tier based on the applicant’s or a co-applicant’s Preferred Rewards for Business program tier at the time of loan application. The maximum Preferred Rewards interest rate discount on a Business Advantage Auto Loan is 0.50%. Business Advantage Auto Loans do not qualify for, or entitle any applicant to, a discount under the consumer Preferred Rewards program. This interest rate discount is not reflected in our published rates on our website but will be reflected in the interest rate quoted upon loan approval. Discounts are only available on auto loan applications submitted by you directly to Bank of America through its website, Financial Centers, or Bank call centers. Discounts are not available for motor vehicle leases or for applications sourced from car dealerships, car manufacturers, or third-party branded/co-branded relationships. Benefit is non-transferable. Subject to credit approval. Standard underwriting guidelines and credit policies apply.

“Bank of America” and “BofA Securities” are the marketing names used by the Global Banking and Global Markets divisions of Bank of America Corporation. Lending, derivatives, other commercial banking activities, and trading in certain financial instruments are performed globally by banking affiliates of Bank of America Corporation, including Bank of America, N.A., Member FDIC. Trading in securities and financial instruments, and strategic advisory, and other investment banking activities, are performed globally by investment banking affiliates of Bank of America Corporation (“Investment Banking Affiliates”), including, in the United States, BofA Securities, Inc. which is a registered broker-dealer and Member of SIPC, and, in other jurisdictions, by locally registered entities. BofA Securities, Inc. is a registered futures commission merchant with the CFTC and a member of the NFA

Investment products offered by Investment Banking Affiliates:

Are Not FDIC Insured
Are Not Bank Guaranteed
May Lose Value

Bank of America is committed to the protection of personal information we collect and process. For more information about how we protect your privacy, please visit www.bankofamerica.com/privacy. California residents may have additional rights and you can learn more at www.bankofamerica.com/ccpa-notice.

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