Jamesl Posted September 26, 2007 Share Posted September 26, 2007 We have started a business in Thailand importing products from Denmark aimed at the larger established bars and hotels and we have no competition. It is going good but it would be a runnaway winner if there was an organization or individual who could factor invoices or produce short term finance ( 6 months to 1 year) for our potential clients. I know there is finance available for motor vehicles but I have not found any company that provides finance for other products. If someone wanted to set up such a company this is an idea that could really be profitable for them. Maybe there is a Thai law against this. Any good ideas out there? Link to comment Share on other sites More sharing options...
Deke Posted September 27, 2007 Share Posted September 27, 2007 Factoring is available here. Siam General Factoring comes to mind but there are others. I would be surprised if most local banks don't have some kind of subsidiary or division that does this. Link to comment Share on other sites More sharing options...
soundman Posted September 27, 2007 Share Posted September 27, 2007 AEON. Link to comment Share on other sites More sharing options...
sonicdragon Posted September 27, 2007 Share Posted September 27, 2007 Agree with Deke, most local banks will have a factoring division / subsidiary / associate. eg, Ayudhya International Factors, Thai Farmers Heller Factoring, as will some of the major leasing companies. Link to comment Share on other sites More sharing options...
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