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Application Information about “Taipei City Government SMEs Loan Program” for May 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 May 2018, a total of 3,813 SMEs have applied for the loan. The city government had approved 3,227 applications and the total loan released amounted to NT$2.7 billion and 720 thousand. The approval rate was 84%. A total of 229 applicants were approved for loan of above NT$2 million while 1,185 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$290 million for disbursement and welcome those who are in need to apply for it.