The finance arm will be part of a collaboration with Toyota Financial Services in Australia.
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Mazda has launched its new finance arm, inventively dubbed Mazda Finance, as part of a partnership with Toyota Finance Australia Limited.

There are more details about Mazda Finance and what it'll offer to come, but Mazda has announced the company will have an independent board of directors, its own credit licence, and unique sales and management teams to the Toyota Finance arm.

The news comes after Toyota Finance Corporation bought a 51 per cent share in SMM Auto Finance, previous finance provider for Mazda in Australia, in December last year.

The company was once owned by Mazda, Ford, and two large financial groups, but the Blue Oval exited in 2009, with Toyota accounting for the remaining parties with its 2018 purchase.

"We know that more than two thirds of new car buyers that look for financing online will refer to manufacturer websites," said Vinesh Bhindi, Mazda Australia managing director.

"Mazda Finance is an opportunity to make the purchase process easier, offering tailored solutions that our customers need, in the first place they go looking."

Trading will kick off in the middle of 2019, with more details about the products it'll offer to come as we close in on launch.