SME D Bank Bank for Thai SMEs Supporting entrepreneurs to access capital sources with a total credit line of 11,000 million baht through “SME D Ready” loans, borrowing up to 120% of the collateral appraised value. A maximum loan amount of 50 million baht covers all business needs and “SME Speed Up” loans do not require collateral. Plus a special promotion, receive “Cash Back 2 times” worth up to 60,000 baht.
Ms. Nartnaree Rattapat Managing Director The Small and Medium Enterprise Development Bank of Thailand or SME D Bank revealed that at the end of the year 2023, when entering the tourist season or high season, the tourism business sector will increase dynamism. Encourage private spending Both consumption and investment grew. SME entrepreneurs therefore need capital. To increase liquidity, use it to invest, expand, improve the business. Or change the business, so SME D Bank responds to the needs of SME entrepreneurs, organizing 2 special loans with a total amount of 11,000 million baht, including “SME D Ready” credit, a credit line of 7,000 million baht, and a “SME Speed Up” credit line of 4,000 baht. million baht to support SMEs to access funding sources. Able to seize opportunities for businesses to grow to their full potential
“SME D ready” loans can be borrowed up to a maximum of 120% of the appraised value of the collateral according to the criteria set by the bank. Covering all SME groups and all business needs Whether investing, expanding, improving, revolving, improving liquidity, including refinancing loans for both individuals and juristic persons Initial interest rate MLR -2.25% (approximately 5.25% per year), maximum loan amount of 50 million baht per person. Installments for up to 15 years, free of up to 18 months of principal payment
“SME Speed Up” loans can be borrowed even without collateral by using TCG as a full credit limit. Support SME entrepreneurs in the manufacturing sector The retail and wholesale sector, including the service sector, especially the tourism and related businesses To have funds to invest, expand, modify, circulate, enhance liquidity in the business. Initial interest rate MLR -1.50% (approximately 6.0% per year) Maximum loan amount 5 million baht per person Installment payments for up to 12 years, plus no repayment of principal for up to 6 months
In addition, especially for entrepreneurs who have never used a loan from SME D Bank before, if applying for a loan and withdrawing a credit limit of 1-50 million baht by the end of November 2023 will receive a special promotion “Cash Back 2 Contin” valued up to 60,000 baht, including 1. Collateral appraisal fee up to 30,000 baht per person and 2. Mortgage fee on collateral up to 30,000 baht per person. Urgent! first come first serve
In addition, all entrepreneurs Will receive free “development” support through the “SME D Coach” project, consulting services and business advice from a team of professional coaches both public and private along with receiving the right to participate in various development activities such as training, seminars, business matching, etc., helping to increase business potential Adaptable to every situation
Interested in receiving credit and development services Requests can be made through channels such as the website www.smebank.co.th, LINE Official Account: SME Development Bank, etc., including SME D Bank branches nationwide or ask for more information at Call Center 1357.