Mr. Sarat Rattanaporn Chief Executive OfficerCard X Company Limited or CardX said that the signing of cooperation between TCG and CardX this time aims to study ways to help. and support SMEs entrepreneurs to have easier access to funding sources for business expansion. without collateral assets
In this regard, CardX will consider credit granting and TCG is a credit guarantor for SMEs entrepreneurs, focusing on Micro SMEs or small entrepreneurs. which is a business in the form of a personal business mainly to help increase liquidity And be part of making the business grow sustainably. Including being a part that helps stimulate the country’s economy to be even more strong as well
According to the data of the Office of Small and Medium Enterprises Promotion (OSMEP) for the year 2022, it was found that the number of SMEs nationwide was 3,198,484, of which 3,155,378 were small enterprises and 43,106 were medium enterprises. Especially in the area of small enterprises, the group of small enterprises or Micro has also been included. According to the new definition, Micro is a group with an annual income of no more than 1.8 million baht, employing no more than 5 people, which amounts to 2,742,416, which is the majority of the country’s enterprises accounted for 85.35 percent of the total number of entrepreneurs in the country Most of them are businesses. 2,268,585 individual businesses, 849,512 juristic persons and 94,964 community enterprises
Mr. Sittikorn Direksunthorn, Director and General Manager The Small Industry Credit Guarantee Corporation (TCG) added that Under the signing of this agreement, TCG and CardX will jointly discuss and develop a product program to help small SMEs, including the development of a system for submitting credit guarantee applications via the Digital Platform. Loan products and credit guarantees within the third quarter of 2023 aim to help 10,000 small entrepreneurs with a credit guarantee of 1,000 million baht.
by “CardX is confident that the next step of this cooperation will help create new financial experiences very nice and comfortable more for SMEs entrepreneurs by using both CardX’s strengths in bringing artificial intelligence (AI) technology to develop and increase service capabilities for small entrepreneurs to understand every need financial needs according to the needs of each type of business Helping small entrepreneurs can access credit faster and more conveniently Combined with the experience in taking care of SMEs that TCG is full of knowledge and understanding among small entrepreneurs.
It can be assured that the cooperation between CardX and TCG will contribute to elevating the guidelines. to drive Including helping SMEs, target groups quickly and with maximum benefits. This collaboration also complies with CardX’s policy that requires customers to both individual customers and small entrepreneurs able to access credit in the system more conveniently, quickly and fairly in order to extend the business to the next level Ready to be an important cog for the sustainable growth of the Thai economy, ”said Sarach.