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City News

Application information about “Taipei City Government SMEs Loan Program” for January 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 January 2018, a total of 3,762 SMEs have applied for the loan. The city government has approved 3,189 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 1,175 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.