SME D Bank supports SMEs to expand green business, meet ESG goals, join hands with “Prime Road Power” to raise the level of using renewable energy, develop towards sustainability.
SME D Bank joins hands with Prime Road Power to support more than 5,000 SME entrepreneurs and SME companies in industrial estates nationwide access to sources of funds “BCG Loan” and strengthening development programs which support to raise the level into a green business. Responding to the sustainability needs of Thailand.
Miss Nartnaree Ratthapat, Managing Director of The Small and Medium Enterprise Development Bank of Thailand or SME D Bank, revealed that SME D Bank has signed a memorandum of agreement on business cooperation with Prime Road Power Public Company Limited, the business leader in integrated renewable energy innovation, to support more than 5,000 SME level companies and a group of companies in various industrial estates throughout the country, to modify energy materials and equipment, or install a solar rooftop to help reduce greenhouse gas emissions, protect the environment and increase competitiveness in the new economic system under the BCG Model for SME entrepreneurs, consistent with sustainable development according to ESG guidelines (Environment , Social and Governance : ESG).
With this cooperation, SME D Bank is ready to support “Funding” through the “BCG Loan” project, a maximum loan amount of THB 50 million per person with special interest rates start at approximately 4.75% per annum and installment period up to 15 years with the first 24 months are free from principal payments. For SME entrepreneurs use to develop towards green businesses, such as investment, improvement, expansion or change of operations, circulating liquidity or refinance, etc. Along with providing benefits for entrepreneurs who have never used a loan from SME D Bank, when applying for a loan and withdrawing a credit line from THB 1-50 million within the end of November 2023, will receive “Cash Back” worth up to THB60,000, including 1. Collateral appraisal fee maximum value of THB30,000 per person and 2. Collateral mortgage cost maximum value of THB30,000 per person.
In addition, there is also “Development” service through develop knowledge activities and support in Financial Literacy for members of the industrial estates, including activities to exchange and support knowledge and guideline for business development in ESG. SME entrepreneurs who are interested in receiving loan and development service, requests can be made through channels such as www.smebank.co.th, LINE Official Account: SME Development Bank, etc. including SME D Bank branches nationwide or ask for additional information at Call Center 1357.
Mr. Somprasong Panjalak, Chairman of the Board and Chief Executive Officer of Prime Road Power Public Company Limited said that PRIME, as a business leader in integrated energy, operated its business with concern for the environment. Until today, SME D Bank gave us the opportunity to join hands and became “signing of a memorandum of agreement on business cooperation” which made us fully committed, to support governance policies to protect the environment by focusing on reducing greenhouse gas emissions and raising the level of competitiveness of SME entrepreneurs under the new economic system BCG Model.
“With the readiness of modern innovation and environment-friendly to lead to the sustainable development. Between 2021 and 2030, we aim to reduce Thailand’s greenhouse gases by approximately 20-25% by jointly pushing the use of renewable energy and energy conservation for SME entrepreneurs. To develop the economy to grow, by consideration of society and environment for stability and sustainability. From our experience and expertise accumulated for a long time, we are confident that we will able to respond this project with full potential” Mr. Somprasong said.
SME entrepreneurs interested in receiving loan and development service, requests can be made through channels such as www.primeroadpower.com , LINE Official Account: @primeroadpower or ask for additional information at 02-105-8686.
