SME Bank joins hands with MEA to support SMEs to invest in 'clean energy', promotes Smart Green project to push green businesses to access credit. Ms. Dusida Tapwong, Senior Deputy General Manager, Channel Management and Entrepreneur Development, Small Industry Credit Guarantee Corporation (TCG), and Mr. Jaturong Suriyasasin, Deputy Governor of Business, Metropolitan Electricity Authority, jointly signed a Memorandum of Understanding (MOU) 'Upgrading Businesses by Using Clean Energy and Increasing Energy Efficiency of SMEs' to provide advice and financial support to SMEs interested in switching to clean energy, reducing environmental impacts, and upgrading Thailand's business sector to sustainable growth. Ms. Dusida said that this collaboration aims to support general SME entrepreneurs and MEA customers who want to switch to 'clean energy' to access knowledge sources covering various aspects, including technical aspects, installation of electrical power systems in businesses, as well as providing advice on requesting various related permits, and financial knowledge for investing in improving energy systems, such as installing solar cells and investing in EV charger businesses by accessing loans in the system at appropriate financial costs through the guarantee mechanism of the SME Bank to support SME entrepreneurs in investing in clean energy, helping to upgrade and increase energy efficiency for the business sector, as well as reducing the impact on the environment and creating business opportunities for sustainable growth. 'SCG and MEA will jointly provide advice and support access to funding sources for entrepreneurs interested in investing in clean energy. The MEA will provide technical advice, cost estimation, and cost-effectiveness assessment with a team of professional consultants who are experts in the electricity business, have safe installation standards, and related procedures. Meanwhile, SCG will provide financial and business advice, as well as prepare SMEs before applying for loans with financial institutions, with experts from the Financial Advisory Center,' said Ms. Dusida. Currently, TCG has a credit guarantee limit for the Smart Green project under the PGS 11 credit guarantee project, 'TCG Sustainable SMEs', which aims to help SMEs that are environmentally friendly by applying the concepts of BCG and ESG to their business operations and are ready to adapt to a low-carbon society under project conditions that aim to help entrepreneurs save even more costs. TCG guarantees a maximum of 40 million baht per case at a fee rate of 1.5% per year, with a waiver of the guarantee fee for the first 4 years, with government support. In this regard, TCG is ready to provide comprehensive consultation and advice to SMEs, including access to sources of funds, debt resolution, and financial knowledge via the TCG Financial Advisory Center at no cost. It also provides convenience for SME entrepreneurs, allowing them to make an appointment to receive consultation and financial health checks for free at LINE OA: @tcg first. Source: Thai News Agency
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