The scheme is highlighted as part of the government's Pracha Rath initiative aimed to boost the economy.
Predee Dao-chai, chairman of TBA, said that through this scheme, SMEs are entitled to loans up to Bt2 million each, with 7 years in maximum term. The interest rate is set at 4 per cent per annum in the first two years.
TBA members will start taking loan applications on August 15.