Application information about “Taipei City Government SMEs Loan Program” for June 2017
The “Taipei City Government SMEs Loan Program” was established by the Taipei City Government on March 1, 2009. The credit guarantee fund amounts to NT$3 billion and as of the end of June 2017, a total of 3,619 SMEs have applied for the loan. The city government has approved 3,074 applications and the total loan released amounted to NT$2.58 billion. The approval rate was 83%. A total of 224 applicants were approved for loan of above NT$2 million while 1,137 applicants were approved for loan between NT$1 million and NT$2 million. Calculations show that the Taipei City Government SMEs Loan Program has a remainder of about NT$410 million for disbursement and welcome those who are in need to apply for it.