SME Development Fund Releases TOP UP Loans of 500 Million Baht for Existing Debtors

The SME Development Fund under the Pracharath framework is providing TOP UP loans worth 500 million baht for existing fund debtors. Natthaphol Rangsittpol, Permanent Secretary of the Ministry of Industry and chair of the fund's board, revealed that the loans aim to support business expansion and maintain employment. Eligible borrowers must be Grade A debtors with 12 months of consistent payments, with loans up to 3 million baht per person at fixed interest rates of 2.5-3.5% per year for up to 3 years. The program is designed to alleviate financial burdens for SME entrepreneurs during the current volatile economic conditions, providing additional capital to improve liquidity, expand operations, and restore business potential.