No. The business version is a hosted / on-prem SaaS, that removes the space limitations and other similar restrictions that deletion is a solution to.

That said, you can still have it delete at a certain threshold. I know of a few large Silicon Valley companies that delete emails past 1.5-2y as a way of limiting their legal exposure. If you’re a 1000+ employee company, that is pretty much standard practice so long as you take care to not delete anything with a legal discovery hold.