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City News

Application information about “Taipei City Government SMEs Loan Program” for February 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 February 2018, a total of 3,778 SMEs have applied for the loan. The city government has approved 3,198 applications and the total loan released amounted to NT$26.7 billion. The approval rate was 84%. A total of 227 applicants were approved for loan of above NT$2 million while 1,177 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$320 million for disbursement and welcome those who are in need to apply for it.