Pingtung County SME Loan

In order to vitalize local economy and assist the development for SME, the Pingtung County Government offers Financing Credit Guarantee for SME loan. Any applicant who is domiciliary in Pingtung County for over 4 months and aged between 25~65, operates small business without having to commercially register or companies which has corporate or commercial registration, is qualified to apply for this loan.

The loan must be limited to the usages of purchasing/renting factories for operational purpose, purchasing equipment and facilities, operational decoration and operational working capital. The maximum loan tenure is 7 years; by repay the loan and the accrued interest, you could earn extra two years on repaying the principle by monthly. After two years, repay amortizable the capital and interest. The County Government has set up the Pingtung County SME loan evaluation committee to evaluate based on the qualification of the applicant, financial structure, operational condition and the future prediction of the industry; once the application is approved, an approval certificate will be given the applicant.

Applicant should forward this certificate to the bank within three months upon receiving. If the applicant have fail to do so within these three months, the applicant will need to reapply from the start to Urban and Rural Development Department. If the application is rejected by the committee, applicant could apply for a one-time only re-evaluation.