SME Credit Guarantor Posts 129% Jump in First Half
Thailand's SME Credit Guarantor posted a 129% surge in credit guarantee commitments to 44.57 billion baht in the first half of 2025, spurring over 50 billion baht in lending to more than 50,000 small businesses across the country.
The Small and Medium Enterprise Credit Guarantee Corporation (SME DBF) reported that credit guarantee commitments in the first six months of 2025 reached 44.57 billion baht, a 129% increase compared to the same period in 2024. This catalyzed over 50.16 billion baht in lending through financial institutions, benefiting more than 50,000 SME operators, sustaining approximately 342,000 jobs, and generating over 219.73 billion baht in economic benefit.
The service, food and beverage, and manufacturing and trade sectors accounted for over 54% of total guarantees. A key driver of growth was the "Quick Big Win" credit guarantee scheme with 50 billion baht in total commitments, which waived guarantee fees for the first three years and charged only 1% annually thereafter, leveraging risk-based pricing to boost lender confidence.
The organization launched the new "Credit Plus" guarantee product with 20 billion baht to capitalize SMEs at all levels, offering coverage from 10,000 baht up to 100 million baht per borrower at a starting fee of just 1.25% annually with terms up to 10 years. It employs the TCG Score credit-scoring system for risk management and is expected to generate approximately 26.9 billion baht in new lending to over 9,000 operators while preserving roughly 194,000 jobs.
Beyond credit support, the organization has restructured debt for over 3,000 claimants totaling 1.58 billion baht and cleared debts for 716 borrowers worth 180 million baht under the "SME DBF Ready to Help" initiative. It is expanding year-round assistance through "SME DBF Ready to Guarantee, Ready to Help" phase two and accelerating digital transformation through the "SME DBF Ready Plus+" initiative, which will develop an API Gateway to connect real-time credit guarantee services with modern financial ecosystems and virtual banking platforms.