General Loans

Credit Eligibility
Eligible Types of Industry

            SME Bank supports SME Private Entrepreneurs up to 200 million BHT fixed assets /or based on Ministerial Regulation as follows:-

·       Industry

·       Retailing and Wholesale Business

·       Service Business

·       Others such as Industrial Estates, Industrial Parks/Zones /or SMEs Estates, SMEs Estate, SMEs Parks/Zones based on the policy of Industrial Estate of Thailand or as SME Bank mentioned.

Loan Objectives
            To Promote the Establishment, Expansion, Modernization and Upgradation as follows:-

·       Purchase/Develop the Land

·       Property Construction

·       Purchase of Machine and Equipment

·       Purchase of Vehicle

·       Set - up the Infrastructure and Pollution Systems

·       Short – Long Term Capital

·       Installment Debt

·       Improvement Expenses for Efficiency Management

·       Improvement Expenses for getting GMP, HACCP

·       Others should be based on the approval of SME Bank’s Committee

Credit Facilities

·       50,000 BHT Minimum and 15 million BHT Maximum /or up to the Policy of the Ministers

Tenure

            Long – term loan of up to 15 years with up to 3 year Grace Period (Pay only Interest)

Installment Debt

Pay only interest during the Grace Period.

Later on, Pay the principal and interest every month /or based on the Revenue

Short – term Collateral as Promissory Note

Type of Promissory Note

·       Upon request

·       Specify the period of each Promissory Note is 6 month long with 5 year Maximum Loan period on Annual Credit Line Review

·       Installment Debt and the Extension of Promissory Note Period

·       Pay the interest as of the month Due Date /or the Date of Maturity

·       Pay the principal on the Due Date and/or upon request

Preferred Shareholders

1.      The minimum capital by shareholders are at least 20% of the total project

Collateral
            Every types of loan program require the adequate collateral on SME Bank’s Policy /or be provided the Indulgent Loan by the Credit Loan Committee /or the Executive Committee /or SME Bank Committee as following criteria:-

Types of Collateral

Guaranteeability

1.      Land

·       Hold a land deed/certificate

·       Provide the legal entrance and exit of the land

1.1.   Land is at the same business address

1.2.   Land is not the same business address

 

 

 

Up to 90%

Up to 80%

2.      Land with Property such as Commercial Building, Town House, Mini Factory, Home Office

2.1.   Land is at the same business address

2.2.   Land is not the same business address

 

 

Up to 80%

Up to 70%

3.      Condominium with the Title Deed

3.1.   Condominium is at the same business address

3.2.   Condominium is not the same business address

 

Up to 80%

Up to 70%


 

Types of Collateral

Guaranteeability

4.      Being excluded from 3.

4.1.   Property on the Collateral Land

·       Land is at the same business address

·       Land is not the same business address

4.2.   In case of Blueprint Appraisal, only Collateral Property shall be reviewed

4.3.   Property on Vacant land shall be reviewed only 3 year contract or longer. And the vacant period should cover the loan period. The vacant land agreement should be registered with related government agencies. Only property at the same business address can be allowed for subleasing.

 

Up to 70%

 

 

Up to 60%

 

Up to 60%

5.      Machinery and Equipment (only registered with government agencies.

5.1.   New Machine

5.2.   Old Machine

·       1 – 3 year old

·       4 – 5 year old

·       Over 5 year old

 

Up to 60%

 

Up to 50%

Up to 40%

Up to 30%


 

Types of Collateral

Guaranteeability

6.      Vehicle, Ship and Raft shall be reviewed only related to the business and registered to government agencies.

6.1.   New Vehicle

6.2.   Old Vehicle

·       1 – 3 year old

·       4 – 5 year old

·       Over 5 year old

 

 

Up to 60%

Up to 50%

Up to 40%

Up to 30%

7.      Hold the Letter of Credit by TCG

Up to 100%

8.      Transfer the Property Subletting Right Only Revenue – Generating Properties shall be reviewed. And only Transferable and Sub - Leasable Vacant Agreement shall be the collateral. It is required for the Transferred Registration of the Property Subletting Right.

8.1.   Transfer the Leasehold Right from Government Agencies such as Ratchaphatsadu Land (Royal Land), the Treasury Department (not included of the Crown Property)

8.2.   Transfer the Leasehold Right from Private Sector

 

 

 

Up to 50%

 

 

Up to 30%

9.      The Pawn of Warehouse Receipt and/or Finished items  Only Revenue – Generating items shall be reviewed

Up to 30%

Types of Collateral

Guaranteeability

10.  Intellectual Property Subleasing such as Patent, Copyright and Trademark

Up to 30%

11.  The Pawn of Government Bonds, State Enterprise Bonds and State Enterprise Debentures

11.1.        Transfer the Interest Receivable Right of Bonds and Debentures through SME Bank

11.2.        Non - Transfer the Interest Receivable Right of Bonds and Debentures through SME Bank

 

 

Up to 100%

 

Up to 80%

12.  Private Sector Bonds Only Thai Bond Dealer Club – Registered Bonds with at least BBB rating shall be reviewed

12.1.        A Rated Bonds

12.2.        BBB Rated Bonds

 

 

Up to 60%

Up to 50%

13.  Transfer the Assignment of Lease from the Trade Debtors

13.1.        Trade Debtors as Government Agencies with completed notice of Transferred Right

13.2.        Trade Debtors as Private Sector

 

Up to 80%

 

Up to 70%

14.  Transfer the Right of Claim Assignment from Bank Account, Promissory Note and Bill of Exchange (Draft)

Up to 90%

 

 

 Other Criteria:-

·       The project is feasible and profitable for the total debt

·       Not being  NPL from others (Welcome for only Reconstructured)

·       At least 50% Collateral Security of the total credit line (The Rest is for TCG Credit Guarantee Program)

·       At least 20% Joint Ventures of the project

Fee and Interest

·       Interest depends on the moment policy of SME Bank. The current lending interest is MLR

In case of Appraisal by SME Bank

·       0.25% of approved Credit Line with 3,000 BHT minimum and 25,000 BHT maximum. Pay at least 3,000 BHT upon Appraisal Day and the rest is as of Loan Issued Date

·       Each 3,000 BHT Appraisal fee in every cases of Increasing or Adjusting Collateral

·       The minimum Appraisal fee is not refund in every cases of Rejected by SME Bank /or Canceled by the loan applicant

In case of Appraisal by Land Appraisal Companies at SME Bank

 

·       fully charged by Land Appraisal Companies