TCGI Launches Credit Guarantee Program 'TCGI Quick Big Win' to Support Thai SMEs and Informal Traders
Thailand's credit guarantee agency launched 'TCGI Quick Big Win' with a 50-billion-baht pool to help SMEs and informal traders access loans more easily, with guarantee amounts already reaching 26 billion baht since December 2024.
Sithikorn Direkasunthon, chairman and managing director of the Thai Credit Guarantee Corporation for Small and Medium Enterprise (TCGI), revealed that SME credit has contracted for 15 consecutive quarters, with high credit rejection rates remaining a persistent problem. SME entrepreneurs seeking guarantors or collateral and improved access to credit to strengthen cash flow and navigate economic volatility and energy crises have found support through the 'TCGI Quick Big Win' program with a 50-billion-baht guarantee pool launched mid-December 2024. The program functions as a key stimulus mechanism to encourage financial institutions to extend more credit.
Since its launch, the program has demonstrated clear benefits for SMEs, with guarantee amounts reaching 26.048 billion baht as of April 30, 2025, representing a 2.37-fold increase compared to the same period last year. The program addresses all SME segments, including micro and small enterprises and informal traders seeking loans from 10,000 to 1 million baht, featuring free guarantee fees for the first three years, with subsequent years calculated using risk-based pricing to reflect each SME's credit costs.
TCGI is introducing credit scoring tools called 'TCG Score' to assess customer risk levels and reduce financial costs. The program also offers high-rate NPL compensation to help reduce credit costs and encourage greater lending by financial institutions. For SMEs already struggling with NPL status, TCGI provides continued support through the 'TCGI Ready to Help' program, offering debt reduction up to 50%, restructured payments extending up to 7 years with minimum installments of 500 baht, zero interest rates, and the ability to reduce principal before interest.
The measures also support SME traders and informal merchants needing working capital during the government's 'Thai Helping Thai Plus' campaign, which runs from June 1 to September 30, 2025. SME owners facing cash flow shortages, lacking collateral or guarantors, and concerned about operational disruptions can contact TCGI's Financial Advisory Centers for SMEs through LINE OA @tcgfirst for free financial health checks and consultation services.
