BONCAFÉ (CAMBODIA) LTD. partners with SAMBAT Finance PLC
16, March, 2022
15 March 2022, Phnom Penh - Boncafé (Cambodia) Ltd. and SAMBAT Finance Plc. announced that the companies have entered into a Preferred Partner Program that will offer aspiring café owners in Cambodia the best financing solutions to own high quality, European-made espresso machines, barista equipment and beverage ingredients.
This Agreement brings together two well established companies with solid presence in the Kingdom of Cambodia. Boncafé (Cambodia) Ltd is the distributor and wholesaler of coffee products and equipment. SAMBAT Finance Plc, established in 2015, is a fintech lender aimed at delivering a seamless and faster loan application journey to all its customers.
With this partnership, SAMBAT Finance’s loan offer is capped at US$20,000 with loan tenure of up to 36 months. Depending on applicants’ eligibility, interest rate could be as low as 1.5% per month.
“With such a flexible financing solution provided by SAMBAT Finance, we are confident our customers can now own and operate their cafes in Cambodia with ease. We are absolutely delighted with this win-win partnership with SAMBAT Finance.” said Mr. Harry Wong, Country Manager of Boncafé (Cambodia) Ltd. “At SAMBAT Finance, we pride ourselves on understanding our customer needs and developing financial solutions which meet those needs. We believe that our financing initiatives in partnership with Boncafé would cultivate and develop the entrepreneurial spirit among the young people.” said Mr. Harvey Poh, Managing Director of SAMBAT Finance Plc.