Rabbit Cash Company Limited, a provider of online loans under the supervision of the Bank of Thailand, has partnered with Thailandpost Distribution Co., Ltd. to launch the “Rabbit Cash Sustainability: The Heart of Sustainability Starts Within You” campaign. This collaboration aims to build sustainability at an organizational level for Thailandpost Distribution’s drivers and logistics contractors. Through the services of Rabbit Cash’s “Peace of Mind” loans and accident insurance, the collaboration provides their drivers and logistics contractors with the means to support easy access to emergency funding, offering special interest rates without the need for a guarantor. Applications are available 24/7 via the Rabbit Cash app. Rabbit Cash’s mission is to ensure that Thai people can access funding quickly, easily, and fairly.
Ms. Ratchanee Saensinchai, Chief Executive Officer of Rabbit Cash Company Limited, said, “Rabbit Cash has launched the ‘Rabbit Cash Sustainability: The Heart of Sustainability Starts Within You” campaign with the aim of providing businesses with the means to help their business partners safely access funding and avoid the pitfalls of borrowing from illegal lenders. According to credit bureau data, more than 3.1 million people defaulted on their debts after the COVID-19 pandemic, making it difficult for them to access funding.”
Mr. Peera Udomkitsakul, Chief Executive Officer of Thailandpost Distribution Co., Ltd., said, “Thailandpost Distribution strives to be a comprehensive logistics service provider with sustainability at an international standard. We prioritize the development of human resources, which are the heart of our logistics operations. By collaborating with Rabbit Cash, we aim to provide loans and accident insurance for our drivers and logistics contractors, totaling over 600 individuals. This will ensure that they can access reliable funding in emergency situations 24/7, increasing their safety on the job. This initiative forms a part of our policy to care for our drivers and logistics contractors, ensuring peace of mind in their daily lives, which in turn leads to higher productivity and sustainable organizational growth.”
The Rabbit Cash “Peace of Mind” loan product is offered at a special interest rate of 1.75% per month, without the need for collateral or a guarantor, provided the applicant meets the conditions set by the company. Additionally, as part of the collaboration, interest-free loans are available to help with the installment payments of the Rabbit Cash “Peace of Mind” accident insurance premium. Both services can be easily applied for through the Rabbit Cash online application, 24/7.
“Rabbit Cash is committed to supporting sustainability at an organizational level, ensuring equal access to financial resources and reducing reliance on illegal lending. We will continue to build collaborations with businesses across Thailand because we believe that caring for the financial and health needs of their business partners’ employees is the foundation to sustainable growth. In 2024, the company aims to expand collaborations to over 500 companies, covering more than 200,000 employees of business partners, ensuring access to financial resources, quickly, easily, and fairly,” concluded Ms. Ratchanee.
