Mr. Rak Worakitpokhathorn Managing Director The Export-Import Bank of Thailand (EXIM Thailand) revealed that EXIM Thailand has developed a new service, “EXIM Biz Transformation Loan”, which has been approved by the Cabinet (Cabinet) in accordance with the proposal of the Ministry of Finance yesterday. 12 Oct. To help Thai entrepreneurs to be ready to produce and export products to the world market Replace the difficult expansion of the domestic market amid the current economic situation.
Such services are long-term loans for entrepreneurs of all business sizes and all industries, including SMEs, to use to improve machines, factories or make additional investments. including improving the digital software system to enhance efficiency and production processes as well as expanding production capacity To provide good quality products that meet international standards
Focusing on new target industries (S-curve) and related industries that have been affected by the COVID-19 epidemic situation, such as food processing and agricultural processing industries. modern automotive industry electronic industry Future industries such as industrial robots digital industry Biofuels and biochemical industries To support the needs of consumers in the New Normal and Next Normal era in the future The total credit limit is 5,000 million baht.
EXIM Biz Transformation Loan is a loan with a special interest rate of 2% per annum in years 1-2, years 3-5 at Prime Rate -2.00% per year and 6-7 years at Prime Rate, with Prime Rate at 14 oct. 2021, equal to 5.75% per year, maximum loan amount of 100 million baht per person Repayment period up to 7 years, including a grace period of 1 year.
You can use the letter of guarantee from the Small Industry Credit Guarantee Corporation (TCG) as collateral with a person as a guarantee for free! Guarantee fee of TCG up to 3 years plus a foreign exchange forward contract service limit of 1.5 times of the credit limit. Service period from now until 31 Jul 2022
Managing Director of EXIM Thailand said that the business will go through the crisis. if able to adapt to the changes of the world Understand changes in consumer behavior marketing channel Measures or regulations on international trade, EXIM Thailand accelerates the development of services in terms of knowledge, capital and new financial instruments.
Recently, the EXIM Biz Transformation Loan is a new type of loan that will help “repair”, “build” and “reinforce” the industrial sector and Thai entrepreneurs, especially SMEs, in parallel to be able to overcome obstacles from the production process and Invest in factory improvements and digital software. To create opportunities to be a new exporter or expand export business ready to distribute products to consumers abroad both in the main market and in the new market
By using quality Thai products as a gateway to the world trade arena, with EXIM Thailand as a consultant and providing various support services to enable Thai entrepreneurs to start exporting or export more
EXIM Biz Transformation Loan is EXIM Thailand’s success in working with the Ministry of Finance. To offer financial tools that meet the needs of the business sector Stimulate the development of the Thai industrial sector in line with the changes of the world By using technology and innovation as the keys to developing unique and value-added Thai products. is in demand in the world market Unlock capital constraints with low interest loans, high limits, long repayment periods. Help reduce the financial burden for the business sector in times of crisis.
It also prepares to be able to keep up with mega-trends and confidently respond to the needs of Next Normal consumers. leading to sustainable development in the economy, society and environment of the world
