SME BANK Brings on smePOWER Thai Strong-Factoring to Help SMEs access to a Funding Source with Low Interest Rates in Money Expo 2011

SME Bank brings on a variety of loan schemes i.e. smePOWER Thai Strong, Factoring Loans and many more along with a team of financial consultants and loan officers to meet with SMEs in the "Money Expo 2011." The Bank focuses on being the bank for SMEs and showcase 45 clients who has received some assistance from the Bank i.e. in the areas of development or marketing.

Today (May 12), Mr. Soros Sakornvisava, President of Small and Medium Enterprise Development Bank of Thailand (SME BANK) states that SME Bank is participating in "Money Expo 2011," which is organized under the concept of "Better Money, Better Life" during May 12-15, 2011 at Challenger Hall 2, Impact Arena, Meung Thong. SME Bank is renting booth E3 which is a 460 square meter booth and dividing the booth into three zones: financial and loan consultation zone which highlights some popular loans i.e. smePOWER Thai Strong and Factoring loans. The smePOWER Thai Strong loan schemes cover financial assistance in the areas of manufacturing, services, retails, and wholesales and help SMEs to access to loans with special interest rates. Factoring loans help with the short-term working capitals and liquidity through the transfers of account receivables to SME Bank from sales of products/services or contracting jobs that otherwise need to wait for the deliveries, checks and approvals, and the clearance of the invoices. These loans will help with fast and continuous support of funds. Besides, there are also many other loans that respond to different needs and demands. The next zone is the development and business consultation zone that focuses on management knowledge and know-how i.e. Inventory Accounting. The last zone is devoted to the showcase of SME Bank's clients who represent some success stories and a market place where 45 of SME quality products are on sale."

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