Other Privileges
ttb government procurement financing program
- Credit limit up to 6 times of collateral value with special interest rate.
- One-time approval covers any types of Letter of Guarantee to government, including Bid Guarantee (only this type can issue e-L/G), Performance Guarantee, Advance Payment Guarantee, Retention Guarantee and Purchase Guarantee.
- Purchase Guarantee to the private sector for procurement with government.
- Credit limit for working capital such as Promissory Note against Invoice and Aval (Up to 30% to total project value).
- Credit limit for domestic and international trade finance such as LC, DLC, TR, TR Advance, DTR and DTR Advance.
- Credit limit for Forward Contract (FWC).
Qualifications
- Juristic persons who are registered to operate a business in Thailand.
- Registered and operating business in Thailand at least 5 years.
- Have profit record in the consecutive past 2 years.
- Good repayment history, no late repayment, pass NCB check and not in the process of entering a debt restructuring agreement with any financial institutions and not classified as NPLs.
- No record of surrender or demands for compensation from governmental or state enterprises.
Remark: Other qualifications shall be as specified by the bank.
Document Required
- Business Registration Certificate issued by the Department of Business Development, the Ministry of Commerce and Objectives of Juristic Person. Issued date must be within 3 months.
- List of Shareholders (Bor. Or. Jor. 5).
- Articles of Associations / Partnership Agreement.
- Financial Statements and Auditor’s Report.
- Internal Financial Statements or Value Added Tax Return Certificate (P.P. 30).
- Historical contracts with government department.
- Commercial documents such as A/R, A/P, Inventory Report and Bill Purchase.
- Commercial documents such as P/O and Invoice.
- Specific business license.
Remark: Other documents shall be as required by the bank.
