Government established a credit guarantee fund to assist small and medium-sized enterprises with development potential and clear purpose of fund, but without sufficient collateral to obtain working capital.
Service Description
- Purpose of funds: Working capital needed for regular business operating.
- Loan amount: Not exceed the annual revenue of the business.
- Loan duration: Maximum of 5 years.
- Loan fee: 1% or more of the loan amount.
- Enterprises that meet the qualifications for small and medium-sized enterprise credit guarantees can apply for the guarantee from Small & Medium Enterprise Credit Guarantee Fund of Taiwan.
Documents required for loan application
- Company registration documents
- Articles of Incorporation, Register of directors and supervisors, Register of shareholders
- Unincorporated of Commercial tenant number: Can provide certificate of Business Registration or partnership agreement.
- Tax reporting documents and balance sheet for the past three years, forms 401/403/405/406 for the past year
- National ID card of the person-in-charge and the guarantor
- Main passbook of company, person-in-charge, guarantor, or its affiliated enterprises interacting with financial institution in the past year.
- Other documents (such as contract, DM, etc)
