At Lease IT, we understand the limitations that small and medium enterprises face in obtaining loans from financial institutions, and have provided financial freedom for these businesses by offering customers an alternative access to capital.
We focus on developing a wide range of financial services for our customers. Lease IT differs from other financial service providers because we deliver comprehensive services specifically designed to support Small and Medium Enterprises (or SMEs). Our services are divided into several categories to offer entrepreneurs assistance from the beginning to end of a project. These services include Leasing, Hire Purchase, Factoring, Bid Bond, Project Backup Financing, Letter of Credit (L/C), and Supplier Finance Program.
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Financial support for
Provided more than
To create opportunities for all
We strive to offer entrepreneurs, small and medium enterprises (SMEs) access to capital for their businesses by activating alternative funding sources outside the financial sector (Non-Bank), ultimately leading to higher levels of relationships as partners (True Financial Partner).
How We Started
Lease IT Company Limited was incorporated on 25 August 2006. Initially, the business objective was to support the trade of the SVOA Public Company Limited "SVOA Group". It acted as the financial company (Financial Arm) of SVOA Group that provided loans, financial leases (Leasing), and loan purchase agreements (Hire Purchase) by targeting customers who were previously suppliers to the SVOA Group. Existing customers of SVOA’s products could use accounts receivable financing (Factoring) to generate working capital.
Because SVOA’s original focus was only on a few market products, Lease IT turned to the financing of goods outside the SVOA group as well as the expansion of credit facility beyond IT. IT became only 20% of our business while we introduced many new products to our customers including Project Backup Finance, Letter of Credit, Bid Bond, and Supplier Finance Program.
Lease IT Today
Today, we have turned our focus to serve and finance SMEs and want them to reach a source of funds without the need to turn towards loan sharks. For SMEs that may not be able to obtain a loan from financial institutions, they can still come to us and we will be happy to assist with our standard financial practices and fast services. We aim to be the solution for our customers to help them with their business growth and success, ultimately becoming their true financial partner.