Pact intends to improve abilities of SMEs

Pact intends to improve abilities of SMEs

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PUBLISHED : 25 Jul 2024 at 08: 10 The Small and Medium Enterprise Development Bank of Thailand (SME D Bank) has teamed up with the National Innovation Agency (NIA) to assistance businessowners who have established developments by supplying them with interest-free loans for a duration of up to 3 years. Speaking after finalizing a cooperation contract inbetween SME D Bank and the NIA on Wednesday, Phichit Mitrawong, SME D Bank’s handling director, stated the finalizing of the contract intends to boost the abilities of SMEs. SME D Bank and the NIA are prepared to help businessowners or start-ups with their developments by offering gainaccessto to a low-interest source of financing. In cases when businessowners program strong possible and have established beneficial developments that are licensed by the NIA, they would be able to gainaccessto funds from SME D Bank through the “Smile Biz” loan item. The conditions are affordable — organizations that have ran for simply one year can use for a loan without needing security. The optimum loan quantity is 5 million baht, with a payment duration of up
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