IFS Capital Thailand PCL (IFS)

IFS Capital (Thailand) Public Company Limited engages in the provision of factoring, leasing, hire purchase, and other financial services in Thailand, Singapore, Malaysia, and Indonesia. It operates through Factoring Business, and Hire Purchase and Finance Leasing Business segments. The company offers domestic factoring services for business who delivers goods and/or render services to domestic clients; and export factoring services including letter of credit, documents against payment and acceptance, and open accounts for the business who deliver goods and/or render services to overseas clients. It also provides leasing and hire purchase service to businesses which requires capital investment for industrial vehicles and machines, tools used for relocation of goods, vessels, and vehicles used in agricultural activities. In addition, it offers supply chain finance, a working capital solution that allows buyers to optimise cashflow and enhance liquidity; and dynamic discounting that enables supplies to receive early payment from buyers in exchange of discount, as well as provides other services, such as letter of credit and trust receipt, inventory and contract financing, floor plan, and block discounting services. It serves small and medium-sized enterprises in various industries, such as service comprising recruitment/human resource; food and beverages, and medicine; motor vehicles and auto parts; paper and packaging; electric appliances; construction and building materials; plastic; and electronic parts. The company was incorporated in 1991 and is based in Bangkok, Thailand.