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May 8--JMT Network Services, a wholly-owned subsidiary of mobile phone distributor Jay Mart, has introduced Thai Express, a retail financing business aimed at the self-employed and small businesses.
Vendors, for instance, are considered a high-potential group as they traditionally have little access to bank loans, lacking a steady income and collateral.
While hire-purchase financing is normally provided based on a customer's monthly income, Thai Express will offer funds based on ability to pay.
Jay Mart chairman Adisak Sukumvitaya said Thai Express would provide financing for electronic appliances, mobile telephones, information technology and ...
Source: HighBeam Research, Thai Mobile Phone Distributor's Subsidiary Sets Lending Plan.