Home » Business » SME Bank responds to the industry’s policy to continue to raise funds with interest rates of 1% per year, taking SMEs across COVID

SME Bank responds to the industry’s policy to continue to raise funds with interest rates of 1% per year, taking SMEs across COVID

Ms. Nart Naree Rattapat Managing Director The Small and Medium Enterprise Development Bank of Thailand (SME) or SME Bank revealed that the bank operates a credit program “Empowering to Build the Future of Thai SME” under the SME Development Fund in line with the civil society. Government total amount of 1,000 million baht according to the resolution of the Ministry of Industry To support potential SMEs access to low-cost funding sources For working capital Liquidity enhancement Reserve as an expense or invest in expanding and improving the business and expanding the business with technology. Supporting growth to a new way of life

For the said credit The interest rate is 1% per year, the maximum loan amount is 5 million baht, the loan term is up to 7 years, no more than 1 year of principal payment, no collateral required. Opportunities for juristic entrepreneurs who are manufacturers, providers of retail and wholesale services Or users in 6 business groups, including the electric vehicle industry Smart Electronics Industry Business Group Medical Device Industry Business Group Robot manufacturer / user business group Automatic machine Or artificial intelligence (AI) system

Tourism Business Group Or related business groups And Tech Startup business groups as well as other businesses Which is in accordance with the Executive Committee of the SME Development Fund in accordance with the Civil State (Gor.

Qualifications for loan applicants are divided into production of goods or services. Must employ no more than 200 people or have a fixed asset value excluding land. Value not exceeding 200 million baht for retail or wholesale trade Must employ no more than 50 people or have a fixed asset value excluding land. Value not exceeding 100 million baht, must have a single accounting system. Or request to login to one account Have a history of at least 12 regular repayment periods, with a non NPL loan applicant not prosecuted And is not bankrupt on the date of submission of the application form

In addition, loan applicants must not be in the process of receiving assistance from the Small and Medium Enterprises Promotion Fund (OSMEP), working capital for the promotion of the family industry and Thai handicrafts, SME Development Fund. Pracharath amount of 10,000 million baht, the rehabilitation project For small SMEs, 8,000 million baht, and SMEs to Wai Thai Sustainable credit project with 3,000 million baht.

People interested in empowerment loans Building the future for Thai SMEs Able to submit a loan from now until September 30, 2021 by registering through the website. www.thaismefund.com For more information, please contact Office of SME Development Fund, according to the Pracharat guideline Tel. 0-2202-3879 and Call Center of SME D Bank Tel. 1357

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