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$3.5 billion and as of the end of January 2021, a total of 4,784 SMEs have applied for the loan. The city government has approved 4,045 applications and the total loan released amounted to NT$3.4 billion. The approval rate was 83%.. Statistics show that the Taipei City Government SMEs Loan Program has a remainder of about NT$362 million for disbursement and welcome those who are in need to apply for it.