Miss Duangkamol Limpuangthip, Krungsri Head of SME Banking Group, said, "While the overall outlook for the Thai economy in 2024 appears promising, SME entrepreneurs must remain vigilant against various factors that could impact business operations, potentially leading to a lack of financial liquidity and interruptions to their business. Our dedicated team is committed to working closely with SME customers to support and advise them. Leveraging our expertise, we craft financial products tailored to meet the specific needs of entrepreneurs across various industries. Notably, "Krungsri SME Apartment Max 15" loan addresses the unique requirements of the rental apartment or dormitory business sector, characterized by high investment needs and essential financial liquidity for operational expenses, maintenance, and funds needed to make improvements. With a maximum instalment period of 15 years, this product offers a strategic option to alleviate monthly financial burdens, providing funds for renovations, value-added improvements, and new apartment construction projects to enhance value and gain a competitive edge in the market."
"The key features of "Krungsri SME Apartment Max 15" are tailored for the rental apartment business, with land and apartment buildings serving as collateral. Offering approved credit of up to 50 million baht, the product features a flexible repayment period of up to 15 years. It facilitates refinancing, the purchase of new apartments, construction, renovation, decoration, or compensation for construction costs and investments. Both individuals and juristic entities that have been operating in the apartment business in Thailand for a minimum of three years are eligible to apply for this loan.
"Krungsri aims to receive up to 4 billion baht worth of loan applications, firmly believing that this support will empower SME entrepreneurs to advance and grow their businesses to their fullest potential. Our commitment to standing by our customers remains unwavering, with a dedication to delivering products and services that cater to their specific needs. We also emphasize the importance of providing knowledge and consistently creating business opportunities to further contribute to our customer's success," Miss Duangkamol concluded.
Interested entrepreneurs can obtain more information at our branches, or contact Krungsri's Relationship Managers, and Krungsri Business Center Tel. 02-626-2626. Terms and Conditions apply.
Source: Spark Communications