TLeasing Co., Ltd boosts confidence in business operation after parent company increases registered capital to 3,500 million baht, announces full penetration into motorcycle hire purchase business, with the strategy to maintain a good relationship with dealers like friends and credit approval Fast online within 15 minutes as a selling point and aiming to provide other types of loans Both leasing second-hand cars, pledged car registrations, leasing, aiming to grow 10% per year. Ports reach 10 billion within 3 years.
Mr. Mongkol Phianphithakkit Managing Director of TLeasing Co., Ltd, revealed that TLeasing Co., Ltd, a subsidiary of MBK Plc., has been in the business of providing motorcycle hire purchase loans for about 12 years. in which the last 5 years Has operated business aggressively, resulting in the past 3-4 years, the company has a growth rate of more than 10% every year, which is a growth greater than the target of both profits and credit portfolios, causing the loan portfolio, which in the past 3 years, which was approximately 3,000 million baht, growing to 7,000 million baht at present, ranked among the top 5 motorcycle hire purchase providers in the country due to the company’s rapid growth rate. MBK Plc., the parent company, has increased its registered capital. gave the company 3,500 million baht in December 2019, giving the company more confidence in operating its business more aggressively, especially providing motorcycle hire purchase loans,
which is the company’s main business in the year. 2020 during the COVID-19 epidemic, the sales of motorcycles in the system have dropped somewhat, causing the company to focus more on taking care of its existing customers by issuing measures to help customers, including debt moratorium, debt extension, and installment payment. Will allow customers to pay installments at the end of the contract so that the motorcycles, which are assets, will eventually be owned by the customers. In addition to motorcycle hire purchase loans, which are the main business with approximately 95% of the portfolio, the company also has a policy to Expand to provide other types of credit services as well, such as leasing used cars, pledged car registration, and hire purchase. Medical equipment, to grow at least 10% per year, with the main growth base being motorcycle hire purchase loans and aiming to have a total loan portfolio of 10 billion baht within 3 years using a strategy to build growth is Tightening the existing areas that the company has expertise and familiarity with and expanding more service areas to major cities across the country through dealers who are good partners that the company takes care of.
They are like friends who are ready to grow together and are also committed to continually developing technology systems to meet the lifestyles of consumers who want convenience in the digital era by developing applications to provide services that can approve loans online quickly within 15 minutes, including paying installments or viewing other information as well. “Motorcycle sales still have a good growth rate because it is necessary and related to the daily life of many people in Thai society. Last year, there were about 1,700,000 motorcycles sold in the whole system Year from the Covid-19 situation. Expected to have sales of approximately 1,500,000 – 1,600,000 units of total sales will use the hire purchase service of approximately 80% and to stimulate sales, including the amount of service Hire purchase during the last curve of the year. Therefore, the company has cooperated with MBK Center and motorcycle manufacturers, including dealers who are partners, to organize the Motorbike Show between 10-16 November 2020 at Avenue A and B, G floor, MBK Center shopping center. Motorcycles are brought to the event with many special promotions, which are expected to stimulate purchasing power very well,” said Mr. Mongkol Phianphithakkit.
