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SME Development Fund in accordance with the Civil State Extending the loan application period until 30 September for provinces with remaining credit line Increase opportunities for SMEs to access funding sources with 1% interest per year

Mr. Somchai Hanhiran, Permanent Secretary, Ministry of Industry as the chairman of the SME Development Fund in accordance with the civil state and Chairman Small and Medium Enterprise Development Bank of Thailand (SME Bank or SME Development Bank) revealed that the Bank of Thailand, as a joint agency in the management of the SME Development Fund project along the civil state line with the Ministry of industry Department of Industrial Promotion Provincial Industrial Office The Office of Small and Medium Enterprises Promotion (OSMEP) has visited the event area. “SME clinics roaming the civil state line” accelerating action to help Entrepreneurs according to measures to help SMEs with a total amount of 38,000 million baht by assigning SMEs to focus on strengthening SMEs to have access to funding sources and to promote the entrepreneurship of SMEs, as well as to support knowledge which clearly defines the duration of the drive Spread the opportunity to create sustainable stability through the development of the local economy (Local Economy).

Mr. Somchai said that the qualifications of entrepreneurs who wish to receive money from the SME Development Fund in accordance with the civil state guidelines are as follows: (1) being SMEs that are Thai juristic persons; Potential and size of the business 1.1 Business of manufacturing products or service with the number of employment of not more than 200 people or the value of fixed assets, excluding land, not more than 200 million baht; or wholesale with the number of employment of not more than 50 people or the value of fixed assets, excluding land, not more than 100 million baht; (2) being SMEs that are Thai juristic persons Only a limited company limited partnership and juristic partnerships or as specified by the Fund Management Committee (3) being SMEs operating in the 3.1 business group (Sector or Cluster) that is a group of 10 S-Curve or that is linked and developed to a group of 10 S-Curve or 3.2 businesses that It is of strategic importance to the provincial economic and social development as determined by the SMEs Development Fund Management Subcommittee in accordance with the provincial civil state guidelines. illegal business Contrary to the good morals of society. (4) SMEs will use funds to improve the change of business / products / services to have higher competitiveness, such as certification of standards. bringing innovation or technology or related to Digital to use in the business, etc. (5) being SMEs who have been or are participating in government projects or private organizations that are incubating new businesses or increasing knowledge of technology, marketing management and finance, either in the form of group activities or the arrangement of consultants to provide individual assistance; or being the recipient of an award in a business idea/plan contest or SMEs with outstanding achievements in various fields from government agencies or private organizations with evidence (6) Having a single accounting system or notifying the intention to enter into a single account (7) Not being an NPL or being prosecuted on the date of submitting an application to the project (8) Never adjusting repayment conditions or never restructuring debt in the past 12 months and having a history of paying normal debt at least 12 installments prior to the date of application submission (9) must not be in the process of receiving financial assistance from working capital that has already been implemented as follows: 9.1 Promotion Fund Small and medium enterprises in the Small Enterprise Recovery Project, amounting to 1,000 million baht. 9.2 Small and Medium Enterprises Promotion Fund in the implementation of proceed according to the measures to rehabilitate small and medium enterprises, amounting to 200 million baht. 9.3 Working capital for promoting occupations in the household industry and Thai handicrafts (10) agreeing to submit the business’s accounting information and credit information to the fund or person assigned by the fund according to the accounting period every year throughout the repayment period (11) or as prescribed by the Fund Management Committee. However, if the entrepreneur is a natural person or has a history of NPL, they can still apply for help through the SMEs Recovery Fund of OSMEP, without leaving the entrepreneurs who lack opportunities behind.

This is to expand opportunities for SMEs who need access to fund loans. For provinces that still have the remaining credit line, the loan period will be extended until 30 September 2017, totaling 62 provinces as follows: Phetchabun, Phetchaburi, Phang Nga, Singburi, Narathiwat, Yala, Trat, Chainat, Tak, Nonthaburi, Pattani, Samut Sakhon, Maha Sarakham, Rayong, Suphan Buri, Nakhon Phanom, Samut Prakan, Sa Kaeo, Bueng Lam Kan, Phuket, Sang Phet. Buriram, Yasothon, Nakhon Si Thammarat, Chumphon, Chanthaburi, Lop Buri, Nakhon Sawan, Nakhon Nayok, Uthai Thani, Phatthalung, Nong Khai, Trang, Chaiyaphum, Uttaradit, Ubon Ratchathani, Samut Songkhram, Phichit, Ratchaburi, Lamphun, Nakhon Ratchasima, Phatthalung, Nong Khai, Trang, Chaiyaphum, Uttaradit, Ubon Ratchathani, Samut Songkhram, Phichit, Ratchaburi, Lamphun, Nakhon Ratchasima, Phaya Thai, Kalasin, Ratchaburi, Phrae, Mae Hong Son, Surat Thani, Lampang, Lampang, Ayutthaya.
As for the provinces where entrepreneurs have applied for a full credit line, there are a total of 15 provinces, namely Bangkok, Khon Kaen, Chiang Mai, Chonburi, Udon Thani, Pathum Thani, Surin, Sukhothai, Prachinburi, Chiang Rai, Sisaket, Prachuap Khiri Khan, Nakhon Pathom, Roi Et and Kanchanaburi.

Therefore, we invite entrepreneurs who meet all the qualifications And there are businesses in the strategic group of each province that are still open to all 62 such provinces. wishing to apply for a loan SME Development Fund Project in accordance with the Civil State The interest rate is only 1% per annum throughout the contract period. Repayment period 7 years, no repayment of principal up to 3 years, no collateral required, maximum loan amount of 10 million baht per person. In each province, the proportion is 75% or more, with a loan amount of not more than 3 million baht per person. which is registered as a juristic person and has a business in accordance with the provincial strategic development plan Receive special privileges from the Fund Filed in advance And you can contact the provincial industrial offices nationwide in your area or SME Support & Rescue Center Call Center 1358 or 02-202-3265, 02-202-3767.

Mr. Somchai added that Currently, the progress of the Fund’s operations There are SMEs entrepreneurs who wish to apply for a loan. through the provincial industrial office of 2,191 cases, with a limit of 11,056 million baht

SMEs entrepreneurs interested in the SME Development Fund according to the civil state guidelines You can express your intention to submit an application at Provincial Industrial Office SMEs Support and Rescue Center (SME Support & Rescue Center), Department of Industrial Promotion or SMEs can ask for more information at Call Center 1357 or SME Bank branches nationwide. and can fill out an online application at https://www.smebank.co.th/th/fund/ Follow good activities via facebook.com/SMEDevelopmentBank

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