PT Group Lease Finance Indonesia(GLFI), a subsidiary of Group Lease PCL(GL) “Digital Finance company” in Indonesia achieved first contract in agriculture machine finance service on 25th of July 2016.

GLFI kicked off its business based on ARFC (ASEAN Regional Finance Company) vision to expand its “Digital Finance” to provide various products on its platform throughout ASEAN Market. The first contract was made at the official dealer of KUBOTA who is also a big and strong business partner in Cambodia.

In detail, the first contract was made at Lampung province in Sumatera Island. After that, GLFI had actually made 2 contracts on the first day and got 12applications within the first week. It was the first and trial week. The numbers of application as 1 POS are clearly out performed and above expected as first week.

In detail, the first contract was made at Lampung province in Sumatera Island. After that, GLFI had actually made 2 contracts on the first day and got 11 applications within the first week. It was the first and trial week. The numbers of application as 1 POS are clearly out performed and above expected as first week. The feedback made our managements satisfied and pleased to inform all our investor with full of confidence on our Rocket Start in this huge market with 230million population. GL stepped into the Rural Area of Indonesia which have 200million population with the Rocket Start which will be far faster growth than the successful achievements in Cambodia and Laos. Also, GLFI opened 2 more POS (Point of Sales) within the week.

Republic of Indonesia was composed of various sized 13,466 islands but GLFI will expand its business throughout nation especially focusing on rural areas where GLFI has a strong competence. GL group will make a big role in supporting economic growth and improvement of living standards in ASEAN region through its “Digital Finance Business”.

Find attached pictures below for first contract and delivery moments.

First customer for GLFI (PT Pilar Putra Teknik, Metro)

GLFI manager and dealer owner (PT Pilar Putra Teknik, Palembang)