MAX Offers Tesla Buyers Up to 90% Financing in Israel
Translated & summarized from Ice by baba
MAX, an Israeli credit company, has launched a fully digital financing process for Tesla buyers in Israel, allowing up to 90% of the vehicle's price to be financed. Customers can apply online for personalized loan terms, with interest rates starting at 0.01% above prime and repayment periods up to 72 months. This move expands MAX's vehicle financing business, which saw a 30% growth in its credit portfolio in Q2 2026.
The story in 5 lines · by baba
- MAX now offers Tesla buyers in Israel a fully digital loan application process.
- Financing covers up to 90% of the vehicle's price, with rates starting at 0.01% above prime.
- Customers can select personalized monthly payments and repayment periods up to 72 months.
- The process allows for digital decision-making and loan agreement signing.
- MAX's vehicle credit portfolio grew 30% to NIS 5.1 billion in Q2 2026.
MAX, an Israeli company specializing in vehicle financing, is launching a fully digital, end-to-end loan application process for Tesla buyers in Israel. Customers can now apply for a loan directly on the Tesla Israel website when ordering their preferred vehicle model and accessories. The new system allows for personalized financing terms, including selectable monthly payments, with decisions and loan agreements finalized digitally.
Previously, obtaining a loan involved phone calls, document submission, and physical signatures. MAX states this streamlined online process offers a clearer, more responsible, and controlled financing experience, giving customers greater autonomy. Lana Dovilier, VP of Credit at MAX, highlighted that facilitating car purchases, a major household expense, through a user-friendly digital process aligns with MAX's strategy to expand its online offerings.
The financing option includes interest rates starting from 0.01% above the prime rate and allows for financing up to 90% of the vehicle's price, subject to customer data and MAX approval. Loans can be repaid over up to 72 monthly installments, with interest rates and terms determined individually for each customer.
MAX views this initiative as a significant expansion of its vehicle financing operations, a key growth driver for the company. In the second quarter of 2026, MAX's vehicle credit portfolio grew by 30% year-over-year to NIS 5.1 billion, now constituting nearly 40% of its private customer credit portfolio. MAX, formerly Leumi Card, is one of Israel's largest credit card companies, managing over 2.6 million active Visa and Mastercard cards and providing services to over 70,000 businesses.