MICRO LEASING PCL
Micro Leasing Public Company Limited (SET: MICRO) is a Thai specialty lender providing hire-purchase, truck-pledge, and personal loans to individual truck owners and small transport operators across Thailand through 12+ branches and a dealer partner network.
- Company typePublic
- Founded1994
- HeadquartersNakhon Pathom, Thailand
- Headcount101–250
- GTM typeB2C
- OfferingServices
What MICRO LEASING PCL does
Micro Leasing Public Company Limited (SET: MICRO) is a Thai specialty lender founded in 1994 and listed on the Stock Exchange of Thailand in October 2020. The company finances the acquisition of used commercial trucks — 6-wheel, 10-wheel, and 12-wheel trucks, tractor heads, and trailers from brands including ISUZU, HINO, MITSUBISHI/FUSO, UD, and VOLVO — primarily for individual truck owners and small-to-medium transportation and logistics operators across Thailand. Its core products are hire-purchase loans at 7-15% per year (maximum 60 months, up to 100% of appraised value, vehicle age up to 25 years), supplemented by a truck-registration pledge loan called 'Fin Truck' (up to 2,500,000 THB at 18-20%), a refinance product 'M CLOSE' (16-18%), and a working-capital personal loan 'M Loan' (50,000-100,000 THB at 22%) reserved for existing customers with 24+ months of clean payment history.
The business operates a hybrid distribution model: a directly-operated network of 12+ branch offices anchored by a head office in Nakhon Pathom and reaching second-tier Thai provinces (Chonburi, Khon Kaen, Nakhon Ratchasima, Phitsanulok, Surat Thani, Udon Thani, and others), combined with a registered used-truck dealer partner program, an online loan application and calculator, a call center, and a LINE Official Account. Three wholly-owned subsidiaries extend the offering into adjacent products: Micro Insurance Broker (MIB) provides non-life and life insurance commissions, Micro Plus Leasing (MPLUS) operates motorcycle leasing under the 'ขวัญใจสองล้อ' brand at 8 branches, and Micro Fin (MFIN) is the supervised personal-lending entity.
Revenue is generated principally through interest income on the hire-purchase and truck-pledge loan books, with insurance brokerage commissions, motorcycle leasing installments, and personal-loan interest providing diversification. FY2024 revenue was 600.27 million THB with net profit of 46.22 million THB on total assets of 3,410.85 million THB; Q1 2026 revenue was 127.65 million THB with net profit of 28.23 million THB. Ownership is concentrated in the founding Autchayawat family (~56%), with founder/chairman Thammasak Autchayawat holding 23.41%. The company carries SET ESG BBB, ISO 27001:2013, CGR Very Good, and AGM 100-point recognitions, with no external parent and no disclosed M&A pipeline.
MICRO LEASING PCL firmographics
Firmographics- Name
- MICRO LEASING PCL
- Legal name
- บริษัท ไมโครลิสซิ่ง จำกัด (มหาชน) / Micro Leasing Public Company Limited
- Website
- https://microleasingplc.com
- Company type
- Public
- Founded year
- 1994
- Operating status
- Operating
- Headcount range
- 101–250 employees
- Short description
- Micro Leasing Public Company Limited (SET: MICRO) is a Thai specialty lender providing hire-purchase, truck-pledge, and personal loans to individual truck owners and small transport operators across Thailand through 12+ branches and a dealer partner network.
- Ownership category
- akta.pro rank
MICRO LEASING PCL industry classification
Industry- Product category
- Specialty Consumer Finance (Used Commercial Truck Hire Purchase)
- NAICS
- Automotive Equipment Rental and Leasing (5321)
- SIC
- Finance Lessors (6172), Personal Credit Institutions (6141)
- akta.pro primary industry
- Leasing & Lease Buyout Financing (FSAKADAC)
- akta.pro secondary industries
- Secured Microloans (Community/Nonprofit, Collateralized) (FSAKALAJ), Microloans & Working Capital Loans (FSAKAGAA)
Keywords
Where MICRO LEASING PCL is headquartered
LocationHeadquarters
- HQ city
- Nakhon Pathom
- HQ country
- Thailand
- HQ region
- Asia
Offices12 records
Markets served
MICRO LEASING PCL business model
Business model- GTM type
- B2C
- Offering type
- Services
- Cost components
- Personnel, Operations, Marketing or Sales, Technology or R&D, Infrastructure
Revenue model
- Hire Purchase Loan Interest Income: Primary revenue stream from interest income on used truck hire purchase loans. The company provides financing for commercial vehicles including 6-wheel, 10-wheel, 12-wheel trucks, tractor heads, and trailers. Interest rates range from 7-15% for standard hire purchase and 12-24% per year for other loan products.
- Truck Registration Collateral Loans (Fin Truck): Loans using truck registration as collateral without transferring ownership. Maximum loan amount of 2,500,000 THB with interest rates of 18-20% per year for existing customers and similar rates for new customers.
- Insurance Brokerage Commission: Revenue from insurance brokerage services through subsidiary Micro Insurance Broker Co., Ltd. (MIB), offering vehicle insurance, life insurance, and other insurance products.
- Motorcycle Leasing: Revenue from motorcycle leasing services provided through subsidiary Micro Plus Leasing Co., Ltd. (MPLUS) with maximum 60-month installment terms.
- Personal Loans for Working Capital: Personal loans for working capital purposes, offering 50,000-100,000 THB at 22% interest rate with 6-12 month terms for existing customers with good payment history.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Other | Monthly | Standard Hire Purchase Loan Interest Rate |
| Other | Monthly | Fin Truck Registration Collateral Loan - Existing Customers |
| Other | Monthly | Fin Truck Registration Collateral Loan - New Customers |
| Other | Monthly | M Loan Personal Working Capital |
| Other | Monthly | M CLOSE Early Settlement Loan |
Go-to-market motion1 record
Distribution channels4 records
Marketing channels6 records
MICRO LEASING PCL product offering
Product offeringCore offering
Micro Leasing Public Company Limited is a Thai non-bank specialty financier that originates hire-purchase and refinancing loans secured against used commercial trucks. The company complements its core truck financing with truck registration-pledge loans (Fin Truck), motorcycle hire purchase (MPLUS), personal loans (MFIN), insurance brokerage (MIB), and used-truck auction services for defaulted units, serving individual truck owner-operators, small transporters, and used-truck dealers nationwide.
Product overview
MICRO LEASING PCL operates as a comprehensive financial services ecosystem for the commercial transportation sector in Thailand. The company's core offering is hire purchase financing for used commercial trucks, supported by additional products including registration pledge loans (Fin Truck), auction services, and related financial products. The ecosystem is extended through three subsidiaries: ไมโครอินชัวร์ โบรกเกอร์ (MIB) for insurance brokerage, ไมโครพลัสลิสซิ่ง (MPLUS) for motorcycle leasing, and ไมโคร ฟิน (MFIN) for personal loans. The company supports various truck types including 6-wheel, 10-wheel, 12-wheel trucks, tractor heads, and trailers from brands such as ISUZU, HINO, MITSUBISHI (FUSO), UD, and VOLVO. A digital loan calculator tool is also provided for customer convenience.
Differentiator
Problem solved
Functional benefit
Brands
- MPLUS / ไมโครพลัสลิสซิ่ง: Motorcycle leasing services under Micro Plus Leasing Co., Ltd.
- MIB / ไมโครอินชัวร์ โบรกเกอร์
- MFIN / ไมโคร ฟิน
- Fin Truck
- M Loan
Products and services
- Hire Purchase Loan and Refinancing Loan Flagship hire-purchase financing for used commercial trucks (with refinancing variant for existing borrowers), offering up to 100% financing to individual truck owners and small transporters, with differentiated pricing for new versus existing customers.
- Fin Truck (Truck Registration Pledge Loan) Truck registration-collateral loan product for borrowers pledging the truck registration book as security, providing an alternative financing channel to traditional hire purchase.
- M Loan Personal loan product offered under the Micro Leasing consumer credit umbrella for individual borrowers seeking funds beyond truck or motorcycle financing.
- MPLUS Motorcycle Leasing Hire-purchase financing for motorcycles offered under the MPLUS brand, extending the company's specialty hire-purchase capability to two-wheeled vehicles for individual consumers.
- MIB Insurance Broker Insurance brokerage service distributing insurance products (notably motor insurance tied to financed trucks and motorcycles) to Micro Leasing's borrower base, generating commission revenue.
- MFIN Personal Loan Personal loan product under the MFIN brand targeted at individual consumers, complementing the company's truck and motorcycle hire-purchase business.
- Auction Truck (Used Truck Auction Service) Used-truck auction service that disposes of repossessed or defaulted collateral vehicles from the hire-purchase book, recovering asset value and supporting portfolio management.
- M CLOSE Product offering within the Micro Leasing consumer finance portfolio (specific product mechanics not detailed in source).
Companies that use MICRO LEASING PCL
Customer profileNamed customers2 records
Segments4 records
Ideal customer profiles3 records
MICRO LEASING PCL technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
MICRO LEASING PCL partnerships and signals
Strategic signalPartnerships
Four partnerships are on record, tiered core.
- Micro Insurance Broker Co., Ltd. (MIB)coreSubsidiary company providing non-life and life insurance brokerage services. MIB offers vehicle insurance, life insurance, cargo insurance, home insurance, accident insurance, and cancer insurance products to Micro Leasing customers and the general public.
- Micro Plus Leasing Co., Ltd. (MPLUS)coreSubsidiary company providing motorcycle leasing services under the 'ขวัญใจสองล้อ' (Two-Wheel Best Friend) brand. Services available at 8 branches including Bangkok, Nakhon Pathom, Nakhon Ratchasima, Khon Kaen, Udon Thani, Sakon Nakhon, Phitsanulok, and Chiang Mai.
- Micro Fin Co., Ltd. (MFIN)coreSubsidiary company providing personal loans under regulatory supervision, including loans with vehicle registration collateral and unsecured personal loans for working capital purposes.
- Used Truck Dealers NetworkcorePartnership program for used truck dealers (เต็นท์รถบรรทุกมือสอง) across Thailand. Dealers can register through the partner registration system to refer customers seeking truck financing. Supported truck brands include ISUZU, HINO, MITSUBISHI (FUSO), UD, and VOLVO.
Scale indicators9 records
Recent moves14 records
Expansion highlights5 records
MICRO LEASING PCL competitors and assessment
Company assessmentBroad incumbents
- TISCO Financial Group PCL: Thai financial group with a large auto-finance and hire-purchase business plus banking. Comparable as a Thai auto/hire-purchase competitor and lender, but operates from a much broader retail-banking and wealth-management platform.
- Krungsri Auto (Bank of Ayudhya PCL): Auto financing arm of one of Thailand's largest banks. Comparable to Micro Leasing because it finances new and used vehicles including trucks and commercial vehicles, but competes from a much broader balance-sheet and product portfolio rather than a specialized niche.
Direct peers
- Easy Buy PCL (ACL Securities, related): Thai consumer hire-purchase and personal-loan company focused on motorcycle, used-car, and consumer-durable financing. Comparable to Micro Leasing's MPLUS subsidiary and broader hire-purchase business targeting subprime Thai consumers via multi-branch distribution.
- Chayo Financial Group PCL: Thai consumer finance and nano-finance company specializing in small-ticket personal loans and hire purchase. Comparable to Micro Leasing's MFIN subsidiary and M Loan product in serving underbanked Thai borrowers with high-rate, short-tenor credit products.
- Ngern Tid Lor (formerly Srisawad Corporation): Thailand's largest auto title-loan and consumer finance provider. Directly comparable to Micro Leasing because it finances used vehicles (cars, motorcycles, trucks) using registration/collateral pledge structures with similar customer segments (self-employed, SMEs) and multi-branch distribution.
- AEON Thana Sinsap (Thailand) PCL: SET-listed Thai consumer finance company offering hire purchase, personal loans, and insurance brokerage through nationwide branches. Directly comparable to Micro Leasing in product mix (hire purchase + personal loans + insurance), subprime customer focus, and branch-led distribution.
- SINGER Thailand PCL: Thai consumer-finance and hire-purchase operator with nationwide branches. Comparable to Micro Leasing in core hire-purchase mechanics, subprime customer targeting, and installment-product structure, though SINGER's niche is more in consumer goods than commercial vehicles.
- Ratchthani Leasing PCL: SET-listed Thai hire-purchase and leasing operator. Directly comparable to Micro Leasing in core hire-purchase product, branch-based distribution, and focus on vehicle financing for SMEs and individuals.
- Mida Leasing PCL: SET-listed Thai leasing company focused on hire purchase and leasing for cars and commercial vehicles. Highly comparable to Micro Leasing's core business of truck hire purchase financing with similar SME customer base and lease-receivable funding model.
Others
- JMT Network Services PCL: Thailand's largest debt-management and distressed-asset buyer. Adjacent comparable to Micro Leasing because it purchases NPL portfolios (including from Thai hire-purchase lenders) and operates a related auction/repossession ecosystem that intersects with Micro Leasing's repossessed-truck auction business.
Market position
Strengths4 records
Weaknesses4 records
Competitive moat4 records
Key risks5 records
Key highlights6 records
Customer concentration
MICRO LEASING PCL social profiles
Digital presenceMICRO LEASING PCL compliance and trust
Trust signalCompliance5 records
MICRO LEASING PCL financial estimates
Financial estimateRevenue estimate
Valuation estimate
MICRO LEASING PCL leadership team
Management profileNumber of profiles
Profiles5 records
MICRO LEASING PCL subsidiaries and ownership
Company hierarchySubsidiaries3 records
MICRO LEASING PCL funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
MICRO LEASING PCL M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about MICRO LEASING PCL
What does MICRO LEASING PCL do?
Micro Leasing Public Company Limited is a Thai non-bank specialty financier that originates hire-purchase and refinancing loans secured against used commercial trucks. The company complements its core truck financing with truck registration-pledge loans (Fin Truck), motorcycle hire purchase (MPLUS), personal loans (MFIN), insurance brokerage (MIB), and used-truck auction services for defaulted units, serving individual truck owner-operators, small transporters, and used-truck dealers nationwide.
Is MICRO LEASING PCL a public or private company?
MICRO LEASING PCL is a public company. It is classified as public and is currently operating.
When was MICRO LEASING PCL founded?
MICRO LEASING PCL was founded in 1994. It employs 101 to 250 people.
Where is MICRO LEASING PCL based?
MICRO LEASING PCL is headquartered in Nakhon Pathom, Thailand, in the Asia region.
How does MICRO LEASING PCL make money?
Five revenue lines are on record. Hire Purchase Loan Interest Income is the primary driver. The others are truck Registration Collateral Loans (Fin Truck), insurance Brokerage Commission, motorcycle Leasing and personal Loans for Working Capital.
Who are MICRO LEASING PCL's main competitors?
Broad incumbents on record are TISCO Financial Group PCL and Krungsri Auto (Bank of Ayudhya PCL). Direct peers are Easy Buy PCL (ACL Securities, related), Chayo Financial Group PCL, Ngern Tid Lor (formerly Srisawad Corporation), AEON Thana Sinsap (Thailand) PCL, SINGER Thailand PCL, Ratchthani Leasing PCL and Mida Leasing PCL. JMT Network Services PCL is listed as an others.
Does MICRO LEASING PCL have an API?
No public API is recorded for MICRO LEASING PCL.
What industry is MICRO LEASING PCL in?
MICRO LEASING PCL's product category is Specialty Consumer Finance (Used Commercial Truck Hire Purchase). Its primary akta.pro industry code is FSAKADAC, Leasing & Lease Buyout Financing, with a secondary code of FSAKALAJ, Secured Microloans (Community/Nonprofit, Collateralized). Its NAICS code is 5321 and its SIC code is 6172.