Objective : In order to increase liquidity for SMEs that operate in the production, service, wholesale and retail businesses to be able to operate efficiently and to strengthen and sustain business operations.
Project Amount : 5,000 Million Baht
Borrower Qualification 1. To be a person with Thai nationality Or Thai juristic person which has more than 50% of the shares held by Thai nationals
2. In case of having credit line with financial institution Must not have a history of debt restructuring in the past 12 months and have a normal repayment history of at least 6 installments before the date of applying for credit
3. In the event that an individual has to register with the Ministry of Commerce Or related government agencies Except for certain businesses in which government agencies Does not require a commercial registration such as a service business
4. The loan submission date must not be NPL
5. Not bankrupt
Amount : Individual: Maximum credit limit not over 5.0 million baht
Juristic person: The maximum limit is 15.0 million baht.
However, when including all existing credit lines with SME Bank, the maximum credit line is not over 15.0 million baht, based on the necessity, appropriateness and ability of debt repayment of the borrowers.
Project Duration : The deadline for receiving a loan application is within December 31, 2020 or until the credit limit is reached. Whichever comes first
Lending Duration : Short-term loans not over 7 years
Credit Type : Promissory Note (P/N)
Interest Rate : 1. In case of using TCG to guarantee the full amount
Year 1 Interest rate at MLR-1.0 percent per annum
Year 2 Onwards, MLR +1.0 percent per annum
2. In the case of using the normal bank guarantee of the Bank of Thailand (the ratio of collateral is less than 50% of the credit limit) together with TCG
Year 1 Interest rate at MLR-1.5 percent per annum Year 2 Onwards Interest rate at MLR +0.5 percent per annum
3. In case of using the collateral as usual by the Bank of Thailand Or use collateral as usual by the BoT. (Proportion of collateral from 50% of the credit limit) together with TCG's guarantees
Year 1 Interest rate at MLR-2.5 percent per annum
Year 2 Onwards Interest rate at MLR per annum
1. Front End Fee
- Use TCG to guarantee full credit line. Charges at a rate of 2.5 percent of the approved credit line
- Collateral as usual by the Bank of Thailand and SBCG's guarantee are charged 1.5% of the approved credit line.
- Use collateral as normal by the Bank of Thailand. Guarantees in full amount Charge 1.0% of the approved credit limit
2. Other fees shall be as stipulated by the Bank of Thailand.
3. TCG fees shall be in accordance with TCG regulations.
TCG guarantees and / or collateral as normal by the bank, especially in the category of land Building Or land with buildings