Board of Directors

Our Founder and Chief Executive Officer, Jonathan Wong is no stranger to the world of Residual Risk Based Financing. He made his debut in the world of vendor financing in 1995 when he was hired from Dun & Bradstreet (HK) to co-manage the launch of DEClease, the leasing arm of Digital Equipment Corporation in Asia Pacific.

Since then, Jonathan has participated in establishing a number of in-house captive finance companies for multi-national IT Vendors in Asia promoting IT Life Cycle Management Solutions.In 2000, Jonathan co-founded Captive Finance and successfully exited that venture in 2007, and in 2009, he founded R3.

Born, raised and educated in Canada, Jonathan relocated to Hong Kong at the end of 1993 and in 1996 relocated to Singapore where he was based for 9 years. From there he traveled extensively throughout Asia, developing and nurturing relationships that still carry on to the present day. 

Jonathan currently resides in Hong Kong, and claims to be an avid cyclist.

Our Chairman, James Mak runs his own direct investment platform primarily focused on opportunities in sustainable ecosystems that are off-radar.  James has over 25 years of financial services experience with major blue-chip institutions across investment banking, private banking, and in CIO roles within family offices.  He is well-versed in capital raising and capital deployment in the PE and VC spaces and has an extensive regional network.   He holds a number of leadership roles on boards as well as being a member of the banking and finance committee for UNESCAP. James has been actively involved in our business since 2014.

James currently resides in Hong Kong and is an avid cyclist.

Our Cofounder, Sanford J. Garrett; M&A Advisor and Partner at ONE to ONE Corporate Finance. An entrepreneur who pioneered vendor finance for the global semiconductor industry. He helped shape the venture debt market in the US, with a leading market share. 

Sandy founded The Garrett Group in 1985 for the purpose of providing asset-based, debt capital to emerging companies as an alternative to more expensive venture-based, equity capital.  His intent was to grow with emerging equipment vendors and use the power of lease structuring to provide a proactive sales tool to close incremental business and reduce the time to close by resolving most, if not all, non-technical issues blocking the successful acquisition of equipment by end-users.  Subsequently, The Garrett Group focused predominantly on financing programs for later-stage semiconductor equipment suppliers, like KLA-Tencor, coming off substantial success in creating and managing Credence Capital Corporation, the captive financing affiliate of Credence Systems.

Previously, Sandy was Vice President of Paine Webber (now UBS PaineWebber), a Chartered Financial Analyst, and Chief Credit Officer for the Technology Investment Banking Group, qualifying and valuing technology companies for private placements, IPOs, and subsequent financings.  Previously, as a Senior Technology Analyst there and at Sanford C. Bernstein and Company (now part of Alliance Bernstein), he analyzed large capitalization and early-stage technology companies, working with their managements and with PaineWebber’s investment banking and venture capital groups to provide them with equity capital as well as advising institutional investors in regard to technology investments.  

Upon graduating from Columbia in 1968 with a Bachelor of Science Degree in Operations Research, a department he helped create; Sandy worked at IBM in software development, creating the first large-scale computer-controlled building and facility environmental control system.  Later he used minicomputers to control and optimize the backend semiconductor manufacturing processes at IBM.  He received a Master of Science Degree in Systems and Information Science from Syracuse University while at IBM.  

Our Chief Remarketing Officer, Rathna Kumar has more than 30 years of experience in sales, marketing, and technical expertise in various fields which include IT, Electronic Components, and Oil and Gas industries. For the past 8 years, he has been managing the secondary sales and the redeployment of pre-owned and off-lease IT equipment. He has been instrumental in establishing two refurbishment centers in Singapore that redeployed tens of thousands off-lease IT equipment from both the private and public sectors over the past 8 years - a critical part of the recycling ecosystem.

Kumar resides in Singapore though travels extensively across the Asia markets.

Our Senior Funding Officer, Toshio Hasebe has spent 40 years with Sumitomo Mitsui Finance and Leasing Co., Ltd (SMFL) he is now undertaking the lead role in managing R3’s Japanese Funding relationships. During his career tenor at SMFL, Toshio spent over 18 years working abroad in New York and Singapore and it was during those years that he created a number of vendor finance programs for SMFL in Singapore, Japan, and the US which included household names such as Cisco, Oracle, and SAP.

Toshio resides in Tokyo and is an avid cyclist.

10 Anson Road, #31-10 International Plaza, Singapore 079903

Suite 1663, Level 16, 1 Sentral, 2 Jalan Stesen Sentral 5, 3 KL Sentral, Kuala Lumpur, Malaysia 50470