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ttb sme green loan

For SMEs, adapting to evolving consumer behavior and identifying new business opportunities are essential factors that drive forth exponential growth. As such, modern entrepreneurs have to focus more on sustainability and environment in response to laws and regulations designed to address environmental and sustainability issues among businesses.

ttb sme green loan is a product introduced to support SME’s investment for transition towards environmental sustainability. Our financing encompasses a variety of environmental projects including :

  • Investment in renewable energy, such as installation of solar power systems.
  • Investment in energy efficiency development, such as production of energy-efficient equipment/technology or implementing or investing in energy-saving projects.
  • Investment in sustainable water and wastewater management, such as efficient use of water and drinking water, protection and restoration of water sources, flood management and wastewater treatment.
  • Investment in pollution improvement projects and waste management such as CO2 capture devices, waste collection, optimized maintenance and reduced raw material disposal in plastic production and waste treatment.
  • Investment in clean transportation, such as design/development/production of technology or infrastructure particularly related to electric vehicles (EVs), authorized distributor of electric vehicles and the adoption of electric vehicles.
  • Investment in construction of green buildings, such as buildings that have received or with high potential to receive green building certification, buildings that use renewable energy.
  • Investment in sustainable natural resource management, such as production, trading or distribution of seafood products demonstrating blue MSC label.

ttb sme green loan
Encourage SMEs transition towards environmental sustainability

Save costs and reduce energy
Save costs and reduce energy
expenses in the long run

Create good corporate image
Create good corporate image
with unique selling proposition whilst adding more value to the business
Receive benefits and support
Receive benefits and support
from the public sector as well as related agencies

Benefits

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  1. Special interest rate of 5.99% for the first 2 years (beyond that, normal interest rate will apply) with get maximum financing up to 50 million Baht. The maximum loan term is up to 8 years.
  2. Save long-term expenses. Investing in clean energy solutions such as solar panels or energy-efficient appliances can help reduce energy costs for businesses.
  3. Enhance reputation by creating a unique selling proposition and add value to the business by adopting green business practices and recognizing the importance of the environment and society as a whole.
  4. Receive various benefits from the public sector. Some projects may get promotion or tax incentives from the government as well as agencies that support the use of clean energy.

Conditions

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  1. Juristic Persons
  2. Thai entrepreneurs. The business is registered and operating in Thailand.
  3. The business has been operating more than 2 years.
  4. Total sales of business group are not more than 400 million baht per year.
  5. Good repayment history. Never been in a financial litigation or declared bankruptcy.

Document Required

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  1. Company certificate issued by the Department of Business Development, Ministry of Commerce, and a shareholder list (no more than 3 months)
  2. A copy of the Company’s Memorandum of Association and a copy of the Company Limited’s Registration
  3. Copies of Identification card and copies of the house registration of the authorized director and shareholders of over 20%
  4. Latest financial statement which is audited by a licensed auditor
  5. Copies of income documents such as bank statement / Por. Por. 30 in the past 6 months
  6. Copies of documents evidencing ownership rights to property such as title deed / Nor Sor 3 Kor
  7. A copy of Business License (if any)

Product-Specific Terms and Conditions

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