SME Bank introduces Bt6-bn factoring loan programme
The Small and Medium Enterprise Development Bank of Thailand has introduced a factoring-loan programme worth Bt6 billion with interest rates of between 4.99 per cent and 5.99 per cent a year, bank president Mongkol Leelatham said on Monday.
Businesses can apply to SME Bank for the loans until the end of the year, he said.
“[The loans are for] our existing customers and new customers who need the funds for their business expansion,” Mongkol added.
