Mr. Roy Agustinus Gunara, Chief Executive Officer, Thai Credit Bank, stated, "Thailand's slowing economy, along with the war situation in the Middle East, continues to affect Thai micro SME businesses. The Bank of Thailand has introduced 'SMEs Secure+' measure, allowing financial institutions to temporarily relax income and credit bureau assessment criteria and consider collateral value alongside cash flow."
"To support the policy, Thai Credit has launched 'SME Kla Chuai', allowing entrepreneurs to use vacant land or land with buildings as collateral in applying for loans to enhance liquidity and strengthen their business capabilities. This reflects Thai Credit Bank's commitment to develop products and services that break traditional limitations for micro SME entrepreneurs, who are considered the backbone of Thailand economy, enabling them to continuously and equally access formal funding sources even during crisis. This is in line with Thai Credit's philosophy of "Everyone Matters."
Mr. Natus Kittawaranon, Senior Executive Vice President of Micro SME Business Group, Thai Credit Bank, said, "Over the past seven years, Thai Credit has always "STANDBY" micro SME entrepreneurs through every crisis, including the COVID-19 pandemic and other economic crises, by continuously developing financial products such as the 'SME Kla-hai', which offers flexible lending criteria, and the 'SME Kla Su', which applies a Risk-based Pricing model. These efforts have helped entrepreneurs gain greater access to formal funding sources at a fair interest rate in response to economic conditions and liquidity needs. The products have received strong and continuous responses, resulting in Thai Credit's micro SME and SME loan portfolio reaching 123 billion Baht in 2025."
Mr. Natus added, "This year, many micro SME entrepreneurs are facing economic slowdown, and energy crises and supply chain disruptions caused by the closure of the Strait of Hormuz. 'SME Kla Chuai' is another important source to help entrepreneurs overcome these challenges. Key advantages are flexibility in considering income and credit bureau history. Entrepreneurs who own vacant land or land with buildings can use them as collateral when applying for the loan. It also supports refinancing business loans from other financial institutions, either banks or non-banks, by using vacant land or land with buildings as collateral. This aligns with BOT's policy to improve entrepreneurs' access to formal loans. We believe 'SME Kla Chuai' will help increase liquidity for micro SME entrepreneurs, enabling them to sustain their businesses and maintain employment steadily through economic challenges."
'SME Kla Chuai' is a business loan secured by real estate, including vacant land and land with buildings such as commercial buildings, factories, warehouses, residences, and condominium units, available for both individual and corporate entrepreneurs. Maximum loan amount is 20 million baht with a 10-year-term loan. Interest rates range from a minimum fixed rate of 12.99% per annum for the first three years, and from the fourth year onward at MRR+3.39% per annum, to a maximum fixed rate of 18.99% per annum for the first three years, and from the fourth year onward at MRR+9.39% per annum. (The reference MRR interest rate is based on Thai Credit Bank Public Company Limited Announcement No. 3/2026, effective from 1 April 2026. The current MRR is 9.60% per annum. Floating interest rates may increase or decrease according to the Bank's announcements on www.thaicreditbank.com) For more information, interested customers may visit https://sme.thaicreditbank.com or contact the STANDBY Assistant at 02-095-5999.