‘TCG’ joins forces with ‘Cardx’ to increase capital for SMEs

“TCG” joins CardX to announce cooperation to increase capital, support, strengthen SMEs-retailers on digital financial platforms, flagging in the third quarter of 2023, launching credit and guarantee products. Aiming to help 10,000 entrepreneurs with a credit line of 1 billion baht

24 Jan. 2023 – Mr. Sittikorn Direksunthorn, Director and General Manager The Small Industry Credit Guarantee Corporation (TCG) said following signing a memorandum of cooperation to cooperate with Card X Co., Ltd. (CardX), a financial group affiliated with SCB X Public Company Limited. ) or SCBx, operating in the business of digital financial platforms. which operates the business of lending to small entrepreneurs to participate in jointly supporting access to capital sources, credit through credit guarantee mechanisms, adding capital, supporting, strengthening businesses increase financial potential for small SME entrepreneurs

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 credit guarantee request system through the Digital Platform. that it will start launching credit and credit guarantee products within the third quarter of 2023, aiming to help 10,000 small entrepreneurs with a credit guarantee of 1,000 million baht.

Mr. Sarat Rattanaporn, Chief Executive Officer of CardX, said that this signing The objective is to study ways to help and support SME entrepreneurs to access funding sources for expanding their business more easily. without collateral assets

“CardX will consider credit granting and TCG is a credit guarantor for SMEs. By 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 a part of making the business grow sustainably. Including being a part that helps stimulate the country’s economy to be even more stronger, ”said Sarach.

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