Serial Factoring Co., Ltd. (Thailand)
Serial Factoring Co., Ltd. (Thailand)
Serial Factoring Co., Ltd. (Thailand) (“SFT”) is a 49%-owned subsidiary of the Group that specialises in providing credit services to small and medium enterprises that face challenges securing loans from financial institutions. Based in Thailand, SFT offers several solutions to leasing, hire purchase, factoring and other services such as bid bond, project backup financing and trade finance, forming a link between private corporate customers and government bodies.
SFT’s major expertise is in computer and IT products, with a focus on leasing and factoring agreements for customers who hold contracts with government entities such as agencies, state enterprises and schools.
SFT also provides assistance for bid bonds on projects offered out by government or state enterprises, ensuring that the bidders have a good track record and possess the capability and expertise to carry out the project.