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Application information about “Taipei City Government SMEs Loan Program” for April 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 April 2018, a total of 3,797 SMEs have applied for the loan. The city government has approved 3,220 applications and the total loan released amounted to NT$2.69 billion. The approval rate was 84%. A total of 229 applicants were approved for loan of above NT$2 million while 1,184 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$300 million for disbursement and welcome those who are in need to apply for it.