FS Capital, the direct lending arm of Funding Societies, is now a member of Thailand’s National Credit Bureau as the group moves toward becoming a structural financial partner for SMEs.

The membership gives FS Capital real-time access to SME credit data, enabling more accurate risk assessments and faster loan approvals.

The company will also share borrower credit information with the bureau, helping SMEs build recognised credit histories for future financing.

NCB access reduces the effort required from borrowers, who no longer need to obtain their own credit reports.

FS Capital can retrieve them with entrepreneur consent, allowing applications to be submitted more promptly and in line with business needs.

The shared data also helps lenders evaluate risk more accurately and reduce non-performing loans.

Vikas Jain, Country Head of Funding Societies Thailand, said,

“Becoming an NCB member marks a pivotal step for us, granting access to real-time SME credit data while also sharing the data of the company’s customers with the bureau.

This ensures that our already automated loan approval processes become even faster and more efficient, ultimately benefiting the SMEs we serve while also being able to contribute to a more data-driven financing ecosystem.”

Dr. Luxmon Attapich, Chief Executive Officer of National Credit Bureau Co., Ltd. (NCB), said,

“NCB is pleased to welcome Funding Societies Thailand as our newest member. We truly appreciate the company’s recognition of the crucial role that credit information plays in enabling accurate lending assessments, as well as its confidence in NCB’s services that support fast, transparent, and responsible digital lending for SMEs.

This collaboration will enhance the ability of SMEs to access the financing they need, strengthen their competitiveness and contribute to the sustainable growth of the Thai economy.”

Funding Societies operates in five Southeast Asian markets.

In Thailand, its operations comprise FS Siam, which holds a crowdfunding platform licence from the Securities and Exchange Commission, and FS Capital, which provides structured direct lending to small businesses.

Featured image: Vikas Jain, Country Head of Funding Societies Thailand, and Dr. Luxmon Attapich, Chief Executive Officer of National Credit Bureau Co., Ltd. (NCB)