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Friday, May 3, 2024

TCG offers payment deferrals until end of 2021

The Thai Credit Guarantee Corporation (TCG) has again activated assistance for entrepreneurs by offering payment deferrals until the end of the year, after helping guarantee loans for Small and Medium Enterprises (SMEs) to allow them to access funding during the past seven months, resulting in the value of approved credit guarantees hitting a record high of more than 140 billion baht.

Mrs. Wasukan Wisansawat, Acting General Manager of TCG, has disclosed the performance of TCG credit guarantees in the past seven months. From January to July 31, the accumulated credit guarantee amount approved by the TCG hit a record high of 144.62 billion baht. The rehabilitation loan guarantee project has approved a maximum credit guarantee amount of 68.84 billion baht and the Micro 4 Loan Guarantee Program for SME entrepreneurs has approved 87,830 letters of guarantee.

To help SME entrepreneurs in…

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