According to TCG president Sittikorn Direksoonthorn, ongoing government stimulus packages aimed at enhancing liquidity for SMEs comprise three main programmes, reports the Bangkok Post.
First, the ‘TCG Quick Big Win’ credit guarantee scheme, with a guarantee limit of B50bn, is expected to help 54,300 SMEs gain access to financing, generate economic benefits worth more than B208bn, while creating B60bn in new credit in the system.
The highlights of the credit guarantee scheme include: a waiver of guarantee fees for the first three years to ease SMEs’ financial burden; a low guarantee fee of 1% per year on the outstanding balance from the fourth year; risk-based pricing using TCG’s credit scoring system; and a high non-performing loan compensation rate (maximum claim).
The ‘SMEs Credit Boost’ credit guarantee mechanism is implemented in collaboration with the Finance Ministry, the Bank of Thailand and commercial banks, expected to result in around B100bn in additional new lending over one to two years.
Finally, the low-interest soft loan programme ‘GSB Revitalising Thai Businesses’ by Government Savings Bank has a total credit line of B100bn and is expected to be rolled out soon.
As for TCG’s credit guarantees last year, the company said the top three sectors receiving guarantees were services (32.6%), food and beverages (10.6%) and agriculture (8.2%), accounting for a combined 51% of the total guaranteed amount of roughly B48bn.
As of Dec 31, the debt resolution programme ‘TCG Ready to Help’ had successfully assisted SMEs in resolving debt issues, totalling 24,324 cases and outstanding debt worth B16.2bn since the launch of the debt restructuring measures in 2022.
Regarding the TCG Quick Big Win scheme, as of mid-January applications for credit guarantees had reached B5bn and are expected to rise to B10bn by the end of the month.
During the first 11 months of 2025, TCG recorded cumulative new credit guarantees worth B35.7bn, enabling 45,300 SMEs to access financing, helping to preserve 467,000 jobs, and generating B46.6bn in credit within the system.
The overall economic benefit created is estimated at B147bn, according to TCG.