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K-Auto Finance (Financial Lease)​​

For Corporate Customerss:
Lower tax burdens, better accounting management​

Linked Slide

Get a Fixed Lease and Interest Rates
...steady throughout the contract term

Get a fixed effective rate deal

It’s Tax Deductible!

Good for business groups or entities
That can use the benefits to reduce their expense burden

Only 0-30%*
For the deposit payment!

*Depending on vehicle type and customer creditworthiness

Get up to 6 years
To pay back the loan

And still have a residual value at the contract conclusion

Loan Application Details

Eligibility

Registered Businesses

  • Businesses at least 2 years old
  • Registered in Thailand


Required Documents

Registered Business

  • Copy of National ID Card of:
    • Authorized director (affixed with company seal) – 4 sets
    • Guarantor – 4 sets
    • Grantor of power of attorney and the authorized person (if any) – 4 sets
  • Copy of House Registration of:
    • Authorized director (affixed with company seal) – 4 sets
    • Guarantor – 4 sets
    • Grantor of power of attorney and the authorized person (if any) – 4 sets
  • Copy of Certificate of Business Registration and Company Objectives (within 3 months) – 4 sets
  • Copy of the Memorandum of Understanding and Articles of Association (within 3 months) – 4 sets
  • Bank account statement covering at least the past six months – 1 set
  • Financial statements of the past three years ​1 copy
  • Latest P.P. 30 (Value Added Tax Return) form, from the month of financial statement submission to the present




FAQ

What are the tax benefits of the K-Auto Finance (Financial Lease)?

For financial lease contract, the company can deduct the rental installment payments of up to 36,000 Baht a month as expenses.

Which types of cars are eligible for a K-Auto Finance (Financial Lease)​?

7-seater passenger vehicles and all types of commercial vehicles.

What type of interest is charged on a K-Auto Finance (Financial Lease)?

Fixed effective interest rate.

How long is the term on a financial lease, or an auto hire purchase loan?

Financial lease term of 3-6 years​.

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