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Application information about “Taipei City Government SMEs Loan Program” for September 2015

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 September 2015, a total of 3,130 SMEs have applied for the loan. The city government has approved 2,773 applications and the total loan released amounted to NT$2.34 billion. The approval rate was 84%. A total of 215 applicants were approved for loan of above NT$2 million while 1,032 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$650 million for disbursement and welcome those who are in need to apply for it.