Key Benefits

Easy to start your business

Starting your own franchise business can be simple You can apply for a loan to fund your business even without any work experience.

High credit limit

Credit limit up to 5 million baht, with special interest rates

Easy installments

Maximum of 7 years repayment period. Payment can be made conveniently through account auto-debit.

Loan Details

Objectives
Available for the funding of any franchise businesses
Key Features
Type of Service
Term loan

 

Credit Limit
Up to 70% of investment funds required per branch (with a maximum of 5 million baht)

 

Interest Rate
Up to MRR+2% per year (depending on the risk profile of individual franchise)

 

Repayment Period
Maximum of 7 years (not to exceed the franchise contract period)

 

Front End Fee
Minimum of 1% of approved credit (with a maximum of 3%)

 

Prepayment Penalty
Prepayment fee of up to 3.0% of the prepayment amount

 

Appraisal Fee
0.25% of approved credit limit at a minimum of 3,000 baht (exclusive of VAT)

 

  • In case of immovable property collateral within 25,000 baht (exclusive of VAT)
  • In case of movable property collateral within 20,000 baht (exclusive of VAT)

 

Collateral
Bank deposit, land, fixed asset, machinery, Bor Sor Yor, and personal guarantee, or per Bank requirement

 

Late Fee
15.0%

 

Project Due Date
December 31, 2021
Qualification of Applicant

For Franchisee:

  • Must be a juristic person granted to operate a business by the franchisor
  • Has a confirmation letter from the franchisor stating the name of franchisee, the amount of investment funds, and the franchise contract period.
  • Has no indication of poor financial records.
  • Other qualification per Bank request.

 

For Franchisor:
  • Must be a juristic person whose business has been in operation for at least 3 years, and who has granted 10 or more franchises.
  • The last 3 years of financial statements with net profit, submitted to the Revenue Department.
  • Has company operation data, organization chart, and details of products and services.
  • Has governed with precise management and control systems.
  • Possesses a marketing plan and a detailed estimation of income-expenses-returns for the franchisee.
Required Documents

Required Documents

for Juristic Persons

Juristic Persons

Authorized
signatory/Shareholders of over 20%

Identification Documents

A copy of Thai Citizen ID card;

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A copy of house registration;

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A copy of name/surname change certificate (if any);

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A copy of marriage/divorce certificate (if any)

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A copy of trade or commercial registration;

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Certificate of Juristic Person Registration from the Ministry of Commerce, objectives and articles of association (no more than 1 month);

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The Memorandum of Association (no more than 3 months);

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List of shareholders (no more than 3 months);

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Certificate of corporate seal;

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Financial Documents

A copy of account statement from financial institutions for the past 6 months;

A copy of financial statement submitted to the Tax & Revenue Department

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A copy of Por.Por 30 form for the past 6 months.

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Collateral Documents

A copy of certificate of ownership for properties to be pledged as collateral, e.g. title deed, building ownership documents (for buildings), a copy of passbook (for deposit guarantee), etc.

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Note: The Bank reserves the right to approve loans under the Bank's terms and conditions.

Product Catalog: Bualuang Loan for Franchise Business
Insurance Details for Loan Application
How to apply
  • Apply online, click here
  • Apply for loan or for more information, please contact our Business Center near you.

Online Pre-Screening Application

Online Loan Application

It is quick and easy to apply for a loan online. Just complete the form and we will contact you.

TOOLS & ASSISTANCE

For business and financial advice,
please visit our business center

TOOLS & ASSISTANCE

For business and financial advice, please visit our business center

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