Promissory Note
Keep your business moving with working capital
Business loan
no collateral required
Short-term liquidity for your day-to-day operations
Start discussing your business plan with ThaiAce Capital today
Approval and credit limits are subject to the Company's conditions
Unsecured Business Loans
Unsecured business loan
An unsecured business loan is a short-term loan for business working capital that requires no collateral, aimed at small and medium-sized enterprises (SMEs)
Highlights of our unsecured business loan
- Short-term working capital and improved business liquidity
- A business loan with no collateral required
- Never miss a business opportunity: grow your business and increase sales quickly and continuously
- Repayment terms from 12 months up to 120 months
How to apply for an unsecured business loan
- Call our staff so the Company can run a preliminary check on your business in our database
- If the check is positive, our staff will ask you to prepare the documents listed under required documents
- Make an appointment for our staff to visit your business, conduct an interview and collect the supporting documents
- Receive the approval result within 3 - 7 business days
- If approved, schedule the remaining legal formalities and the transfer of funds
Documents required for an unsecured business loan
| Interest rates and fees | |
|---|---|
| Interest, penalties, service charges and any other fees | Not more than 15% per year |
| Repayment period | |
|---|---|
| Mortgage loan | 1 - 12 years |
Example calculation
- Loan amount THB 300,000 over 4 years (48 instalments)
- Interest rate 8% per year
- Your monthly instalment would be THB 7,324 on a reducing-balance basis
- Total repayment THB 351,552
- Principal THB 300,000 and interest THB 51,552