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Pantavanij with Financial Partners to Provide Supply Chain Finance

Pantavanij Partners with Financial Institutions to Offer Supply Chain Finance, Supporting Business Working Capital and Strengthening Its Leadership...

Pantavanij Partners with Financial Institutions to Offer Supply Chain Finance, Supporting Business Working Capital and Strengthening Its Leadership in E-Procurement and B2B Marketplace in Thailand and ASEAN

 

Pantavanij Co., Ltd., a leading provider of eProcurement solutions in Thailand and the ASEAN region, has expanded its services to cover all aspects of eProcurement and B2B marketplace operations by partnering with financial institutions to offer Supply Chain Finance. This business revolving credit service is designed for the nearly 30,000 sellers and suppliers currently on Pantavanij’s platform.

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Mr. Apisit Kuparatana, Managing Director of Pantavanij Co., Ltd., and Mr. Akkharawit Suksai, Chief Executive Officer of AIRA Factoring Public Company Limited, jointly announced their collaboration.

Mr. Apisit Kuparatana stated, “With Pantavanij’s current business capabilities covering all aspects of procurement—including obtaining product information through online systems, digital procurement, online bidding, purchase document management, and advisory services to develop cost-saving procurement strategies—our next step to enhance the procurement and B2B marketplace ecosystem is to partner with leading financial institutions. Pantavanij has therefore joined forces with AIRA Factoring Public Company Limited, led by Mr. Akkharawit Suksai, CEO, and Investree (Thailand) Co., Ltd., co-founded by Mr. Worakorn Sirijinda, to provide financial services through Supply Chain Finance. This service is specifically designed for sellers and suppliers on the Pantavanij platform, with a focus on small and medium-sized enterprises.”

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Mr. Apisit Kuparatana, Managing Director of Pantavanij Co., Ltd., and Mr. Worakorn Sirijinda, Co-Founder of Investree (Thailand) Co., Ltd., stated:

“Supply Chain Finance (SCF) is a business revolving credit service for sellers or suppliers. This type of financial service helps suppliers—especially small and medium-sized enterprises (SMEs)—manage working capital more efficiently, improves access to financing, and enhances business competitiveness. Pantavanij acts as a facilitator for loan applicants, allowing them to sell their invoices at a discounted rate to financial institutions or service providers to receive credit for business operations. Pantavanij supports the process by providing convenience in handling documentation and using verified, trustworthy digital data from our system as collateral for loan applications.”

“Pantavanij aims to be a driving force that supports businesses in Thailand—particularly SMEs—so they can operate steadily. As a leading B2B marketplace, Pantavanij has high-purchasing-power buyers, both domestic and international, with total transaction value exceeding THB 200 billion. We continue to expand our services across all aspects to meet the full spectrum of the ecosystem in our business—from upstream to downstream.”

For those interested in the Supply Chain Finance service, more details can be found at Pantavanij Supply Chain Finance, with loan approval results available within just 3 business days if documents are complete. Suppliers who wish to join the Pantavanij platform can register at Supplier Registration.

Source: Prachachat

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