KBank financing Yamaha Music School franchises
KBank is providing loans to investors in new franchises of the Yamaha Music School run by Siam Music Yamaha, covering up to 70 per cent of the investment outlay.
Prior business experience is unnecessary and no collateral is required.
KBank is also offering financing to stores selling musical instruments, with letter-of-guarantee fees of just 1.25 per cent and overdraft loans with collateral of 30 per cent.
The bank expects to loan a total of Bt500 million to Yamaha Music Schools this year.
There are currently 100 such schools in Thailand, half of them in the Bangkok metropolitan area.
