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On May 8, 2024, RCE Co., Ltd and BIDV-SuMi TRUST Leasing Co., Ltd (BSL) signed a Cooperation Agreement to provide suitable financial solutions through Financial Leasing products to RCE’s customers.

The signing ceremony of the cooperation agreement between BSL and RCE

BIDV-SuMi TRUST Leasing Co., Ltd (BSL) is one of the leading financial leasing companies, providing professional capital financing solutions for businesses in Vietnam. BSL has a strong financial capacity with strong support from strategic shareholders, which are two leading financial institutions in Japan and Vietnam: Bank for Investment and Development of Vietnam (BIDV) and Sumitomo Mitsui Trust Bank. BSL also has a nationwide network and a management team with extensive experience in the financial markets of Vietnam and Japan.

Currently, BSL is implementing Financial Leasing programs with prominent policies such as financing ratio of up to 100%, preferential interest rates, and more. With outstanding benefits of Financial Leasing such as utilize leased asset as collateral, flexibility in lease terms, advantages in cash flow restructuring and increasing working capital, it helps businesses stay ahead of technological trends. BSL aims to bring Financial Leasing solutions closer to the business community, especially small and medium-sized enterprises, with the long-term goal of becoming a reliable and long-lasting financial partner.

Established in 2016, RCE is a fast-growing Korean startup in Vietnam with the aim of directly connecting sellers and buyers of construction equipment without intermediaries, along with personalized services and optimal financial solutions. Currently, RCE has two representative offices in Hanoi and Ho Chi Minh City.

RCE acquires and imports used heavy construction machinery from Korea and Japan. Before being brought to Vietnam, all equipment undergoes meticulous inspections by skilled engineers to ensure quality.

Representatives from BSL and RCE at the signing ceremony of the cooperation agreement

By signing the cooperation agreement between BSL and RCE, RCE’s customers will have access to optimized financial solutions that are more convenient and easily accessible.

Representatives from BSL and RCE at the signing ceremony of the cooperation agreement.

Some benefits that BSL offers to RCE’s customers include:

• High financial ratio
• Quick response within 48 hours
• Utilize leased asset as collateral
• Preservation of credit limits
• Restructuring cash flows and increasing working capital for enterprises
• Flexible leasing periods
• Cost control and depreciation management
• Quick adaptation to technological innovations
• Minimization of administrative procedures

WHY CHOOSE FINANCIAL LEASING WITH BSL

• Attractive pricing and flexible interest rates thanks to stable and abundant capital sources from the two parent banks.
• The Vietnam-Japan synergy – the combination of over 20 years of leasing experience from BIDV and over 50 years of development in Financial Leasing products from SuMi TRUST, along with the long-standing management and credit practices of the parent banks, enables BSL to provide a diverse range of products that cater to the needs of customers.
• A vast network comprising three branches and close cooperation with over 190 branches of BIDV nationwide, along with relationships with suppliers, enables BSL to support customers across the country.
• Comprehensive financial solutions tailored to customers’ needs, including high-value-added products such as leasing, maintenance, credit, insurance, etc.
• Funding of up to 100% of the asset value (including associated costs and fees) without collateral (depending on the type of asset).

Thao Nguyen