A group of young Cambodian investors from different sectors have invested in the financial industry (pawn shop business), with the name of Express Investment Co., located at # 217 / 219 Street 1015, Sangkat Phnom Penh Thmey, Khan Sen Sok, Phnom Penh.
Oknha Phirun Vichet Dara, Representative of Express Express at FT Cash Express Co ltd, stated that the purpose was that he and Dr. Lay Kim Chen, along with other tycoons, have started to invest in the pawn shop business in view of the country. The country has experienced rapid economic growth over the last 10 years, especially our country has peace and good political stability as an incentive for you. All businesses in Cambodia.
“In fact, this is a great opportunity for businesses and small and medium-sized businesses as well, because we are a business with collateral and royalties by 2020,” he said. It has opened 15 branches throughout the capital, provinces and cities in Cambodia.
He added that the first branch will open on 22/2/2020 and for the next plan we open in 2020. Each of our branches has a portfolio of over $ 1 million.
According to our plan, we offer mortgage loan services such as homes, land, solid plots, softwares and accessories such as motorbikes, jewelry and electronics. In addition, all mortgages are interest rates ranging from: 9% (up) flexibly depending on the collateral for the current depreciation and market price of our goods For high-risk interest rates may rise.
For choosing a legitimate pawn shop, it's a good thing. This is a vision for those who are in trouble with money from banks and financial institutions, the need for documents, and longer time on borrowing. Therefore, without clear documents, it is difficult to borrow. With this in mind, we have opened a small legal pawn shop to help our people borrow money and get their money quickly.