Direct Guarantee
Direct Guarantee-Apply to Taiwan SMEG Directly
Those SMEs which have ability of R&D, business management or market development, but encounter difficulty in obtaining financing via market mechanism may apply to Taiwan SMEG directly for credit guarantees. Taiwan SMEG will issue a Letter of Commitment to the SMEs, then the SMEs can apply to FIs for loans with the Letter of Commitment
Chart: Direct Guarantee
Brief Explanation:
- Apply for credit guarantees
- Issues the Letter of Commitment
- Apply for loans
- Confirm the guarantees
- Offers the guarantees
- Extend loans
- Inform of financing & transfer guarantee fee