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Department of Economic Development

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Application information about “Taipei City Government SMEs Loan Program” for May 2019

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 May 2019, a total of 3,951 SMEs have applied for the loan. The city government has approved 3,339 applications and the total loan released amounted to NT$2.8 billion. The approval rate was 83%. A total of 242 applicants were approved for loan of above NT$2 million while 1,221 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$190 million for disbursement and welcome those who are in need to apply for it.