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SME Bank introduces Bt6-bn factoring loan programme

Nov 05. 2018
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By The Nation

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.

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