Bangkok: SME D Bank launches new loans. 'Jiw Sod Jaew' with a credit line of 500 million baht to strengthen small entrepreneurs Access to funding sources No collateral required. Loan up to 5 hundred thousand baht per person. Mr. Prasit Veerasilp, Acting Managing Director The Small and Medium Enterprise Development Bank of Thailand (SME) or SME D Bank revealed that SME D Bank has launched a new loan product. 'Tiny Sod Jaew' supports small entrepreneurs (MICRO) who have the potential to need capital. But there is a lack of collateral to enable them to access credit. To invest, expand, improve, and change business models or circulating to enhance business liquidity along with supporting and adding knowledge To be able to conduct business with strength and sustainable growth 'Jiw Sud Jaew' loan, total credit limit 500 million baht, qualifications for small SME entrepreneurs with annual income not exceeding 1.8 million baht, having been in business for at least 1 year, can get a loan. Open to both individuals. a nd legal entities covering all business groups Whether it is production Retail and wholesale business Tourism and related businesses, etc. Maximum loan amount 500,000 baht per person, no collateral required. Interest rate starting at MLR+6 (currently MLR is 7.50% per year) or an average of 1.125% per month. Installments for up to 5 years, reducing principal and interest. Accepting loan applications from today until the end of February 28, 2025 or until the project limit runs out. Importantly, this loan not only provides capital. It also adds knowledge and creates financial discipline. Promote SME entrepreneurs to grow sustainably By providing 2 benefits: 1st benefit when attending a training course to upgrade the coolest tiny SMEs. Through the DX platform (https://dx.smebank.co.th/), such as the Financial Literacy course or the Sustainable Business course, etc., you will receive a certification document from the training. (E-Certificate) and receive the right to reduce the project analysis fee (Front End Fee ) by 1.0% of the approved credit limit and, secondly, support the creation of financial discipline. When entrepreneurs pay in good installments for 12 consecutive installments, they are entitled to request an interest rate reduction of 1.0% per year. Interested in using loan services? 'Tiny So Cool' Entrepreneurs can easily report their wishes by scanning the QR Code on the public relations poster. To add friends on LINE Official Account: 'DX by SME D Bank' then press the loan banner. to request For more information, please contact Call Center 1357. . Source: Thai News Agency