MMM Capital Public Company Limited, or MMM, is launching a full-scale offensive in the financial business, with Keha Songkhro Capital Company Limited, or HAC, a subsidiary under the MMM Mega Fin Holding group, having begun offering mortgage loans, sale-with-redemption loans, and housing loans in full. Nicha Rojwattana, Chief Executive Officer of MMM, said this business expansion is one of the key strategies under the Jump+ plan, which aims to build on the company's real estate expertise and move into property finance in order to generate recurring income and lay the foundation for long-term growth. HAC will focus on serving customers who have the ability to repay debt but face limited access to funding from financial institutions, such as self-employed workers, investors, and those who hold real estate as collateral. MMM aims to grow its total loan portfolio to 700 million baht by 2028 and expects interest income to become a key component of its revenue structure in the future. Interest rates and returns on lending will comply with the criteria and ceilings set by law.
MMMMMM launches HAC to offer mortgage, sale-with-redemption and housing loans, targeting a 700 million baht loan portfolio by 2028.
HAC, a subsidiary under the MMM Mega Fin Holding group, begins offering mortgage and housing loans in full.
