Kiatnakin Bank provides fleet leasing services to logistic companies. This includes cement and oil transportation, vehicle parts, together with additional working capital and long-term loan for land and warehouse acquisition.
Loans are available for the hire purchase of two or more units of 10-wheel trucks, 6-wheel trucks or tractive units and trailers. The Bank allows 100% loans to be repayed in installments over a five-year term.
Loans for the acquisition of land and construction of buildings. For example, loans to acquire plots of land for use as a vehicle depot. The maximum loan granted is 80% of the agreed value - installment payments over an eight-year term.
Loans for the acquisition of land, construction of warehouse, construction of container yard for rent, etc. The maximum loan granted is 80% of the agreed value - installment payments over an eight-year term.
Hire purchase loans for entrepreneurs in the car rental business.
Revolving capital to logistics businesses and car assembly plants for the purchase of raw materials
Applicant must have owned an established business for at least one year
Applicant must not be a non-performing borrower or a restructured borrower for the past year
Copy of company’s affidavit, company’s memorandum of association, articles of association and company’s shareholder list
Copy of authorized transporter certificate
Copy of company's income statement detailing last six months’ transactions
Copy of bank statements detailing last six months’ transactions
Company’s financial statement for the past three years