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Application information about “Taipei City Government SMEs Loan Program” for January 2020

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 January 2020, a total of 4,035 SMEs have applied for the loan. The city government has approved 3,407 applications and the total loan released amounted to NT$2.8 billion. The approval rate was 82%. A total of 250 applicants were approved for loan of greater NT$2 million while 1,243 applicants were approved for loan between NT$1 million and NT$2 million. Statistics show that the Taipei City Government SMEs Loan Program has a remainder of about NT$130 million for disbursement and welcome those who are in need to apply for it.