Thai Credit Bank Launches Green Loan "SME Dare to Give, Dare to Change"

Thai Credit Bank Public Company Limited <\/span>is committed to promoting a green society by launching the <\/span>Green Loan product <\/span>for micro-SME entrepreneurs, <\/span>"SME Dare to Give, Dare to Change" <\/span>is designed to support environmentally friendly micro-SMEs or those looking to invest in improving their business processes to be socially and environmentally responsible. This loan can be used for working capital, enhancing liquidity, expanding operations, or investing in business development or improvements, available both with and without collateral, reinforcing the stance of “Standby by SMEs.”<\/strong><\/p>

Mr. Roy Augustine Gunara, Chief Executive Officer of Thai Credit Bank Public Company Limited <\/strong><\/span>stated, “The launch of ‘SME Dare to Give, Dare to Change’ responds to the current needs of micro-SMEs that want to transition from traditional business models to green businesses, leading to sustainability in business, society, and the environment. Furthermore, this product launch reaffirms the bank's commitment to social and environmental responsibility, enabling everyone to live sustainably together in this world, in line with the business philosophy of Everyone Matters.”<\/p>

Mr. Nathas Kritwaranont, Assistant Managing Director (First Executive Vice President) of the Micro-SME Business Management Group at Thai Credit Bank Public Company Limited, added, "The introduction of this new product emphasizes that Thai Credit Bank is ready to stand by micro-SMEs at every step of their business transition. The ‘SME Dare to Give, Dare to Change’ product not only enhances liquidity or expands businesses but also helps micro-SME entrepreneurs recognize the importance of sustainable business practices, which will benefit both the business and the environment in the long run."<\/p>

“SME Dare to Give, Dare to Change”<\/span> is a loan product for micro-SMEs engaged in environmentally friendly businesses, applicable to both corporate and individual entrepreneurs, with a maximum loan amount of 35 million baht and a repayment period of up to 12 years, available both with and without collateral. Special front-end fee of only 1.00% of the loan amount, and it can be guaranteed by the Small Industry Credit Guarantee Corporation (SICGC) under the Smart Green project, which will receive a fee exemption of 1.50% for the first 4 years. <\/span>