First financial leasing company for Cambodia

GL Finance (GLF), the first and only financial leasing company in Cambodia, opened its 11th branch in Phnom Penh on Friday, covering all authorized Honda and NCX  dealerships in Phnom Penh and its vicinity. GLF, in partnership with Honda NCX, helps customers buy their own motorbikes and provides services such as registration and insurance.  … According to Sim Senacheert [president and chief executive of PRASAC microfinance institution], possible competitors could include motorcycle shop owners because some have started services similar to leasing, such as offering monthly installments.  …

http://www.phnompenhpost.com/index.php/2012103059458/Business/first-financial-leasing-company-for-cambodia.html