At present, SAWAD Group offers secured retail loans under the service slogan “Srisawad Ngern Sod Than Jai”. The lending services consist of hire purchase loans for new motorcycles and personal loans; in addition, the Company has just expanded its business to cover debt collection business and purchase of distressed assets from financial institutions for management. The details of the Company’s business as follows:
| Company | Business |
|---|---|
| Srisawad Corporation Public Company Limited | Holding business (former: provided secured loans, for complying to BoT regulation according to invest in finance company, the Company has to transform to holding company and transferred business to Srisawad Power 2014 Co., Ltd.) |
| Srisawad Finance Public Company Limited | Finance business providing deposits, corporate lending, projects lending, consumers lending, car for cash and house for cash, Bond representative service. |
| Fast Money Co., Ltd. | Offers hire purchase loans for new motorcycles, non- secured personal loans, Nano finance loans and personal loan under supervision of the Bank of Thailand ( At present suspense hire purchase loans and nonsecured personal loans) |
| SWP Asset Management Co. , Ltd. | Provides debt collection service and the purchase of distressed assets from the financial institutions for management |
| Srisawad International Holding Co., Ltd. | To invest in other business in Thailand or aboard |
| Srisawad Power 2014 Co., Ltd. | Provides debt collection service and provide loans secured by houses, land, townhouses and condominiums and all kinds of old vehicles including motorcycles, commercial cars, trucks, public buses, vehicles for agricultural purposes, e.g., tractors and rice harvesters, and fourwheel cars by hire purchase contract and motorcycle for cash and insurance service agent. |
| P Lending Co., Ltd. | Generate platform for lending business, to expand the Group’s lending business and lending business agent |
| Srisawad Digital Co., Ltd. | Provides digital personal loan (under the process of applying for a license) |
| Srisawad Capital Co., Ltd. | Provides personal loan under supervision of the Bank of Thailand |
| SWP Services Co., Ltd. | Provides consultancy services to implement and manage the creditprovision process from end to end in ASEAN |
| Srisawad Vietnam LLC | Provide secured loans |
| Srisawad Leasing Laos Co., Ltd. | Obtained leasing license in Laos and start leasing business in 2018 |
| Srisawad Pico Narathivas Co. , Ltd. | Provides provincial loan under supervision (under the process of applying for a license) |
| Srisawad Pico Yala Co., Ltd. | Provides provincial loan under supervision (under the process of applying for a license) |
| Srisawad Pico Pattani Co., Ltd. | Provides provincial loan under supervision (under the process of applying for a license) |
As of 31 December 2020, SAWAD Group’ s total receivable portfolios amounting to Baht 39,459 million, consisting of the total auto title loan receivables amounting to Baht 20,292 million, hire purchase loan receivables of Baht 191 million, the home- backed loan receivables valued at Baht 16,026 million and nano finance receivables and personal loan receivables of Baht 2,950 million, accounting for 51.43 percent, 0.43 percent, 40.61 percent and 7.48 percent, respectively, of the total loans.
Examples of Collaterals
