SME Bank joins in guaranteeing loans, adding capital, helping SMEs revive their businesses after the floods.

Mr. Sittikorn Direksunthon, Director and General Manager of the Small Industry Credit Guarantee Corporation (TCG), said that due to the widespread flooding, TCG has continued to provide assistance. Most recently, it has prepared a credit guarantee line for SMEs affected by the flood to rehabilitate their businesses after the flooding through the SMEs Rehabilitation No One Left Behind project with a credit line of 1 billion baht under the PGS 11 credit guarantee project 'TCG SMEs Sustainability' with the aim of helping SME entrepreneurs affected by the flood to access credit in the system more easily through the TCG's credit guarantee mechanism for SMEs affected by the flooding located in 37 provinces as announced by the Department of Disaster Prevention and Mitigation. SME Loan Guarantee Project to Rehabilitate No One Left Behind Guarantees from 10,000 - 2 million baht per person, with a fee of 1.25% per year. Free! The first 3 years of fees by TCG. Waiving of guarantee fees throughout the project to help r educe the financial burden of SMEs affected by the floods. To add capital, increase liquidity for SMEs affected to recover their businesses more easily and faster. Accepting applications for guarantees from today until 30 April 2024 The SME Bank has issued an urgent relief measure, suspending the payment of fees for 6 months for SME customers affected by the flood and whose payment of guarantee fees and guarantee management fees are due from August 23 to October 31, 2024, and suspending the payment of 6 installments for SME debtors affected by the flood who are in the process of paying installments according to the debt restructuring plan and are not in default. For SME entrepreneurs, debtors of TCG in the flood-affected areas as announced, you can consult or ask for more information and details of joining the measure at the local district office or LINE OA TCG First: @tcgfirst and TCG Call Center, call 02-890-9999. Source: Thai News Agency