Target Customer

※ Corporation and individual who is in the ages of 21 to 60

※ Local customer and foreigner with having a permanent residence card in Lao PDR.

Target Vehicle

※ New and Used car FORD, HONDA, KIA, HYUNDAI, TOYOTA, MISUBISHI, ISUZU, SUZUKI, CHEVROLET, NISSAN & PEUGEOT.

※ Sedan, Van, Pick-up, SUV, Truck, Heavy Equipment

Payment

※ Minimum down payment: 10%

※ The minimum down payment of luxury car brands could be different from time to time, depending on the promotion of car dealers.

Interest Rate

※ Fixed rate throughout the Lease term

※ Base on the car dealer’s promotion and term of agreement with monthly installment

Maturity

※ From 12 to 84 months

※ Is customer’s choice to select the lease maturity

Repayment Method

※ Partial principal repayment in monthly basis

※ Customer is required to pay the principal and interest together each month with the same amount that specified in the lease agreement

Target Customer

※ Essential documents

Certificate of Residence.

Certificate of No Debt Collection Lawsuit.

Certificate of Employment / Certificate of Occupation.

※ If necessary

Copy of ID Driving License.

Bank Statement.

Salary Slip.

Corporation

※ Essential documents

Enterprise Registration Certificate.

Tax License.

Financial Statement.

Guarantor

※ Essential documents

Copy of Family Book.

Certificate of Residence.

Consultation

To check the needs of customer and response with the best solution

※ Physical presence is needed.

Credit Assessment and Credit Approval

※ To check the completeness and accuracy of the evidence as well as the customer’s repayment ability

※ The process could be done within 1 hour after receiving the completed required supporting document.

Application Result Informing

※ The lease application result will be informed to customers by phone

※ The customer will be notified the Lease Application Acceptance/Rejection Result by phone after company finishing the credit assessment process.

Lease Agreement Execution

※ The customer will be notified the Lease Application Acceptance/Rejection Result by phone after company finishing the credit assessment process.

※ Execute the Lease Agreement and hand over to the customer to keep it along with the payment schedule.

Number Plate & Vehicle Registration Document Delivery

※ The process of getting the Number Plate, delivery of Vehicle Registration Card and other necessary documents to the customer

※ Company will proceed to get the Number Plate and deliver the Vehicle Registration Card as well as the other necessary documents for vehicle usage to the customers and the customer can pick them up at the showroom where they bought the vehicle.

※ Partial principal repayment in monthly basis

※ Customer is required to pay the principal and interest together each month with the same amount that specified in the lease agreement