SME Machine Fund

Bangkok Bank, in cooperation with the Office of Small and Medium Enterprise Promotion (OSMEP), is offering additional loans for machinery upgrades.

Key Benefits

  • Additional loans for machinery upgrades
  • Interest rate at 3% less than the market rate for up to five years.

To be eligible for the Machine Fund the purpose of your investment will be one of these criteria:

  • To improve the efficiency of existing machinery or to install new machines.
  • To improve, maintain, install, or replace parts or some mechanical systems of your existing machines.
  • To install new machines or new control systems in the production process.

Conditions

You will need to pay the project appraisal fee, the asset appraisal fee, loan administration fee and other fees as applicable. After the five-year period ends you will be required to pay the market interest rate in full.

Qualifying Criteria

Be an existing Bangkok Bank SME customer and have a business plan to improve the machinery in your production line.

To be eligible for the Machine Fund the purpose of your investment will be one of these criteria:

  • To improve the efficiency of existing machinery or to install new machines.
  • To improve, maintain, install, or replace parts or some mechanical systems of your existing machines.
  • To install new machines or new control systems in the production process.

Conditions

You will need to pay the project appraisal fee, the asset appraisal fee, loan administration fee and other fees as applicable. After the five-year period ends you will be required to pay the market interest rate in full.
Qualifying Criteria

Be an existing Bangkok Bank SME customer and have a business plan to improve the machinery in your production line.



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