Exim Bank offers loan, insurance package for SMEs
The Export-Import Bank of Thailand is offering “Exim Export Credit Plus”, a working-capital loan facility combined with export credit insurance to help small and medium-sized enterprises penetrate new export markets or expand business in the traditional trade arena with confidence.
The newly launched service offers a credit line of up to Bt50 million, a first-year interest rate of 4.5 per cent per annum, and collateral requirement of only 25 per cent of loan value, accompanied by export credit insurance with maximum coverage of 90 per cent of damages arising from foreign buyers’ non-payment.
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