Businesses don’t listen to this way! Government Savings Bank lends to SMEs 10 million each, free of principal for 2 years

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Businesses don’t listen to this way! Government Savings Bank lends to SMEs 10 million each, free of principal for 2 years

Recently, the GSB Society’s Facebook page states that the Government Savings Bank is open for loans. “GSB SMEs full of happiness, full ten” To assist SMEs entrepreneurs in all business groups, both SMEs who are natural persons and juristic persons.

– The maximum loan amount is not more than 10 million baht.
-Interest rate for the first 6 months starting at 2.99% per annum
– No principal payment up to 2 years
– Installment for up to 10 years

For collateral for borrowing, you can use the savings passbook. Special GSB lottery, bonds, title deeds, land and buildings, condominiums, or choose to use the Small Industrial Credit Guarantee Corporation or TCG to guarantee the entire credit line. (In case of borrowing not more than 5 million baht)

Loans can be submitted from now on until December 30, 2022 at all branches of the Government Savings Bank across the country.

On the 26th of April Mr. Withai Ratanakorn, Director of Government Savings Bank said that due to the spread of COVID-19 which affects especially small and medium sized SMEs In the past, the bank has provided assistance in many measures according to the government’s orders by Prime Minister General Prayut Chan-ocha, which the impact of the Covid-19 epidemic situation is still there. has opened for loan GSB SMEs full of happiness, full ten To help SMEs entrepreneurs in every business group The loan is open to both SMEs entrepreneurs who are natural persons and juristic persons, providing a maximum loan amount of not more than 10 million baht, interest rates for the first 6 months starting at 2.99% per year, grace period of up to 2 years and installments up to 10 years.

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As for collateral for loans, you can choose to use the Small Industry Credit Guarantee Corporation or TCG to guarantee the entire credit line. (In case of borrowing not more than 5 million baht) or using a savings passbook Special GSB lottery, bonds, land and buildings, land title deeds or condominiums. as collateral In case of insufficient collateral can be used. TCG can join as a guarantee as well. Interested parties can apply for a loan from now on until December 30, 2022 at all branches of the Government Savings Bank nationwide.

GSB SMEs Full of Happiness, Full Ten, specially prepared for small and medium sized SMEs. with potential and need funding but lack of collateral or insufficient collateral by borrowing for investment and enhancing liquidity in the business or borrowing for refinancing from other financial institutions This is the intention of the Government Savings Bank that wants to help entrepreneurs get access to loan sources thoroughly with lenient conditions. able to get through this hardship and keep running the business.

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