Thai Credit Bank Launches "Big Boss Loan" to Support Small Businesses
Thai Credit Bank Public Company Limited (CREDIT) is committed to its policy of promoting quality lending to merchants. Reinforcing its business operations alongside small entrepreneurs, the bank launched the "Big Boss Loan," providing an alternative for entrepreneurs seeking to expand their businesses or increase working capital to create liquidity in their operations amidst volatile economic conditions. The Big Boss Loan offers a maximum credit line of 500,000 baht without collateral.
Mr. Roy Agustinus Gunara, Chief Executive Officer of Thai Credit Bank Public Company Limited (CREDIT), said, "From the Thai economic situation that continues to slow down from many challenging factors, including many small businesses that have closed down, Thai Credit Bank remains committed to supporting small entrepreneurs or merchants by launching a new loan product, the 'Big Boss Loan,' with the objective of using it as a reserve fund to enhance liquidity or to be used to expand businesses for merchants, who are the foundation of the economy in Thailand but still lack the opportunity to access funding sources in the system, in line with responsible and fair lending measures."
Mr. Kamonphu Phuriditkul, Executive Vice President of the Microfinance and Loan Branch Business Group, said, "Today's trading profession faces problems from many sides, whether it is reduced income while various operating expenses increase, resulting in a lack of financial liquidity. The bank is aware of these problems and has therefore pushed for the Big Boss Loan with loan amounts ranging from 200,001 to 500,000 baht, with the condition that they must be registered with the Department of Business Development or have a business registration as a natural person for at least 2 years, so that small entrepreneurs can borrow money without using collateral in the loan application process, which is an option that opens up opportunities for merchants to operate their businesses more flexibly under volatile economic conditions."
Thai Credit Bank emphasizes its position in moving forward to upgrade financial services sustainably to small entrepreneurs, small business owners, grocery stores, including SME and micro SME groups, creating opportunities to access loans in the system to be used in business operations for continuous growth under the philosophy of "Everyone Matters," which aims to enable everyone to access financial services that are equal, fair and sustainable.
You can contact to apply for a loan at Thai Credit Bank's Small Business Loan branches near the customer's business establishments, totaling 518 branches nationwide by 2025, or you can see more details at the bank's website
follow the online channels of Thai Credit Bank's Merchant Loans:
Facebook Page: Thai Credit Bank Merchant Loans,
Youtube: Thai Credit Bank Merchant Loans,
Tiktok: Thai Credit Bank Nano Loans.
The Big Boss Loan or Micro Plus Loan from Thai Credit Bank is a business loan for small entrepreneurs or merchants to use to expand their stores or use to circulate to increase liquidity.
The Big Boss Loan or Micro Plus Loan has a maximum limit of 500,000 baht with an interest rate of 24% per year*.
*The interest rate is the effective interest rate with a reducing principal and interest.
• Loan consideration details are in accordance with the criteria, loan type and conditions set by the bank.
