Job Creation to Old People

Objective

To support the Capital and Knowledge Management for People aged 55 or older in order to start the New Business, create the New Career, and generate the Revenue and Modernize through the Competitive Advantage.t  

Project Amount 

1,000  million baht 

 

Target Customers

- Thai Individuals and Corporate SMEs over 50% of the total number of shares by a person of Thai Nationality
- New Loan, not for Refinancing

 

Eligibility

-  Aged 55 or older, with a maximum age of at maturity of 75.
- Trained SMEs or between the training on approved Business Administration courses by SME Bank or related departments
- Being the Well - Trained Franchisee by the Franchisor

Amount 

Within 3 million BHT per person

·       Those who start the new business or expand into every types of business up to 1 million BHT

·       Non – Franchisee on MOU Franchising by SME Bank up to 1 million BHT

 

·        Franchisee on MOU Franchising by SME Bank up to 3 million BHT

Duration

Long - term loan of up to 7 years

6 month Grace Period (Pay only Interest Period)

Interest Rate 

MLR + 1 p.a. for guaranteed by Thai Credit Guarantee Corporation (TCG)
MRL p.a. for guaranteed by SME Bank

Duration 

The loan application end on December 31, 2018 or the Project Credit Line is reached, whichever comes first.

 

Collateral

- TCG shall guarantee on:-
       -  Within 1 million BHT Credit Limit
          > Not over 3 year SMEs shall be based on “Start - up & Innovation Program” by TCG
          > Over 3 year SMEs shall be based on “PGS6 Program (New Version)” by TCG
     - Over 1 million BHT Credit Limit shall be based on “PGS6 Program (New Version)” by TCG
- SME Bank shall guarantee on Land, Property, and Land with Property

 


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