Ngern Tid Lor Public Company Limited (TIDLOR)
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Ngern Tid Lor Public Company Limited Profile
| IT Services Industry | Information Technology Sector | Mr. Piyasak Ukritnukun CEO | SET Exchange | THC997010002 ISIN |
| TH Country | - Employees | - Last Dividend | 24 Apr 2024 Last Split | - IPO Date |
Overview
Ngern Tid Lor Public Company Limited, established in 2006 and headquartered in Bangkok, Thailand, primarily caters to the financial needs of self-employed microentrepreneurs. The company specializes in offering auto-for-cash loans, utilizing vehicles as collateral. These services aim to provide accessible financing solutions to a segment of the population that might find it challenging to secure loans from traditional banking institutions due to the informal nature of their employment or lack of financial history. Ngern Tid Lor's mission revolves around financial inclusion, enabling entrepreneurs to leverage their existing assets for growth and stability.
Products and Services
- Title Loans
Ngern Tid Lor offers title loans, using the client's vehicle as collateral. This includes a wide range of vehicles such as motorcycles, sedans, pickups, trucks, and used trucks, catering to various needs and financial situations of the borrowers.
- Insurance Products
The company provides a comprehensive suite of insurance products covering both life and non-life categories. This includes auto insurance for vehicles, truck insurance, motorcycle insurance for two-wheelers, cancer insurance, personal accident insurance, home insurance for residential protection, travel insurance for travelers, and third-party insurance providing liability coverage. These products are designed to offer financial security and peace of mind to their clients.
- Hire Purchase for Vehicles
In addition to loans and insurance, Ngern Tid Lor facilitates hire purchase agreements for vehicles. This service allows individuals to acquire new or used vehicles through a manageable payment plan, thereby making vehicle ownership more accessible to a broader segment of the population.
- Insurance Brokerage
Ngern Tid Lor acts as an intermediary in both life and non-life insurance markets, brokering deals between insurance seekers and providers. This service helps clients find the most suitable coverage options, ensuring their specific needs are met effectively.
