Good news for tourism operators suffering from COVID-19 impacts. When the Government Savings Bank has opened a new round of “SMEs with Money” loans, the old rules for applying for loans. To redeem the land and enter into a sale agreement with the private sector during the year 2020
Mr. Vitai Rattanakorn, Director of Government Savings Bank Said that from the government’s assignment of the Government Savings Bank to help SMEs entrepreneurs, tourism businesses that need liquidity Through the low-interest loan program “SMEs with money” in the amount of 10,000 million baht, the Government Savings Bank has opened the registration for the loan again at the Government Savings Bank website. www.gsb.or.th From now until June 30, 2021 or until the project limit is over.
The “available SMEs loans” are loans to enhance business liquidity for tourism entrepreneurs. By relieving credit criteria Lending for both natural person and juristic person Can use vacant land or land with buildings as collateral for the loan Including the ability to redeem land that has been contracted to sell with the private sector from January 1 – December 31, 2020, providing credit limit per person not exceeding 70% of the appraised value of the land, 3-year loan term, very low interest rate, Year 1, interest rate = 0.10% per year, 2nd year = 0.99 per year, and 3rd year = 5.99 per year in the case of individual lending not more than 10 million baht and juristic person lending not more than 50 million baht.
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