ttb supply chian | TMBThanachart (ttb)

ttb supply chain

ttb supply chains offers financial supports to dealers and suppliers of ttb corporate clients or so called “sponsors”. The program is designed to provide working capital needs, remove collateral requirement and digitize the end-to-end process via our e-Supply Chain Platform especially to SME who are not readily accessible to loans. Through our platform ,dealers and suppliers are virtually connected issuing invoices or making payments could never be easier.

ttb O/D for buyer

A credit facility aimed at increasing flexibility for dealers to make payments of goods and services to Sponsor. Disbursement can be made via e-Supply Chain Platform or via the Bank’s branch offices nationwide without the need to carry cheque book. This O/D for buyer facility is designed to offer additional liquidity for buyers or dealers who make direct payments to their suppliers.

Benefits

1. Liquidity for your working capital needs.

2. Special interest rates and fees to cut your cost with possible extra trade discount from Sponsors.

3. Minimal or no collateral.

4. Convenient disbursement and simplified documentation process via high-security internet banking or e-Supply Chain Platform.

ttb receivable on demand

Working capital financing in the form of receivables discounted after shipment of goods (post shipment financing). Instead of waiting for payment from your sponsors/buyers, under this program, suppliers can request financial supports from the bank as soon as the goods are shipped and sponsors/buyers have confirmed the invoices.

Benefits

1. Easy to use without having to wait for payment date, enhancing liquidity to the suppliers.

2. Special interest rates and fees to cut your cost.

3. Convenient disbursement and simplified documentation process via high-security internet banking or e-Supply Chain Platform.

Conditions

1. Juristic persons registered and operating business in Thailand.
2. Minimum 2 years’ experience in the business and at least 1 year’s transaction record with Sponsor.
3. The company must not be a subsidiary of its Sponsor.
4. The company must have good repayment history with Sponsor.
5. The company must maintain good credit record with the NCB, not being under loan restructuring with any financial institution and not currently classified as an NPL.
6. Not being sued in financial cases or declared bankrupt or under Court Order for business rehabilitation.

Document Required

For Individual Customer

1. Copy of national ID card
2. Copy of House Registration
3. Statements from financial institution for the past 6 months
4. Copy of Marriage Certificate or Divorce Certificate
5. Copy of Name or Surname Change Certificate (if any)
6. Copy of Purchase Agreement or Agreement on the Deposit of Goods and Property (if any)

For Juristic Persons

1. Copy of national ID card of the authorized signatory and/or shareholders holding more than 30% of shares
2. Copy of House Registration of the authorized signatory and/or shareholders holding more than 30% of shares
3. Statements from financial institution for the past 6 months
4. Copy of documents showing ownership right to the properties pledged as collateral
5. Copy of Marriage Certificate or Divorce Certificate of the authorized signatory and/or shareholders holding more than 30% of shares (if any)
6. Copy of Name or Surname Change Certificate of the authorized signatory and/or shareholders holding more than 30% of shares (if any)
7. Copy of Purchase Agreement or Agreement on the Deposit of Goods and Property belonging to the authorized signatory and/or shareholders holding more than 30% of shares (if any)
8. Company or Partnership Registration Certificate not later than 1 month from the submission date
9. Memorandum of Association and Company Regulations
10. List of Shareholders not later than 1 month from the submission date
11. Resolution of the Meeting relating to loan borrowing and account opening with the Bank not later than 3 months from the submission date
12. Company Formation Document (Bor. Or. Jor.3)
13. Copy of Tax ID
14. Value Added Tax Return (Por.Por.30) for the past 3 months
15. Financial Statements for the previous year
16. Letter of Consent for Credit Information Disclosure