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Department of Economic Development

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Application information about “Taipei City Government SMEs Loan Program” for October 2018

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 October 2018, a total of 3,871 SMEs have applied for the loan. The city government has approved 3,274 applications and the total loan released amounted to NT$2.73 billion. The approval rate was 83%. A total of 230 applicants were approved for loan of above NT$2 million while 1,200 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$260 million for disbursement and welcome those who are in need to apply for it.