Description: ELK-Desa Resources Berhad (ELK-Desa) started its hire purchase financing operations in 2004, in view of the continued growth of the automobile industry as well as the rapid urbanisation taking place throughout the country as Malaysia progresses towards a high income nation.
malaysia (3110) automobile (2654) financing (2427) elk (387) desa (101) hire purchase (36) urbanisation (27) elk-desa resources berhad (1) elk desa (1) elkdesa (1)
Established non-bank lender that has carved a niche as a reputable hire purchase financer in the used motor vehicles sector.
Targeting specifically buyers who are seeking small value financing, a market segment that remains underserved by financial institutions.
Further leveraging on its hire purchase financing expertise, the Group also cross-sells motor related general insurance products to its hire purchase customers.
Federation of Motor and Credit Companies Association of Malaysia - Kuala Lumpur and Selangor
Federation of Motor and Credit Companies Association of Malaysia - Kuala Lumpur and Selangor
FMCCAM | Federation of Motor & Credit Companies Association of Malaysia