Bangkok--10 Jun--FleishmanHillard
Launching within-three-hour approval service to provide a swift financial
Car4Cash, a leader in automotive refinance market, launches within-three-hour approval service in response to the easing of lockdown measures to reinforce its positioning as the alternative and affordable source of funds. In fulfilling its promise to “Fight Together” alongside vehicle owners, the brand plans to roll out new services and exclusive offerings throughout the year, under three key strategies: speeding up application processes, strengthening service channels, and supporting customers through every circumstance.
Mrs. Kittiya Srisanit, Head of Krungsri Auto Group, Bank of Ayudhya PCL, said, “Car4Cash understands the hardships our customers have faced during the past three months, as a result of economic activity disruption. As their Financial Advisor, we are committed to providing financial services to vehicle owners, from those looking to increase liquidity for emergency expenses to those seeking higher cash flow for their businesses.”
“With our strong positioning as the source of funds with low interests, high loan-to-value, and long instalment period, Car4Cash plans to enhance customer experiences through three strategies. First, we are speeding up loan application processes, in particular approval status notification and fund transfer, to provide swift assistance in relieving customers’ financial burdens during this challenging time. Secondly, we are also strengthening service channels. We recently expanded Car4Cash Delivery, or at-home contract service, and will be launching a new online service to enable easier access to the automotive refinance solution. Lastly, we are committed to supporting customers through every circumstance by reinforcing Car4Cash’s roles in reducing customers’ financial strains in various life stages, including parents seeking a fund for their children’s tuition fee, full-time employees looking for capital to start their own business, and those wishing to increase financial liquidity in times of need,” added Mrs. Kittiya.
Recently, Car4Cash launched “Within-Three-Hour Approval” service, in response to the easing of lockdown measures and the period when some businesses are resuming operation in the 'New Normal’ environment. The feature allows customers to receive loan approval status notification within three hours* after the contract is signed, all required documents are submitted, and vehicle inspection is completed. This service covers loan applications via all channels, from Krungsri Auto branches, online channels, and delivery service, and both the auto loan product and the hire-purchase product (vehicle ownership transfer required).
“We believe automotive refinance will be an essential driving force behind this year’s automotive finance market. Car4Cash will continue to roll out a series of campaigns and services to support vehicle owners’ financial security. We are committed to being a trusted advisor for our customers and fighting alongside them through this challenging time,” concluded Mrs. Kittiya.