Other Privileges
ttb government procurement
- One time approval cover all L/G types, including L/G Bid, L/G Performance, L/G Advance, L/G Retention, and credit facilities for DLC/DTR, Trade Finance, and RPN.
- Within 24 hours e-L/G receivable for customers who have been approved, simply request via the e-GP system.
- Special interest rates with a maximum credit limit up to 200% of the collateral.
- Convenient! , be able to pick up L/G either via online or paper at any branches.
ttb government factoring
- Converting trade receivables to be business capital flexibly.
- No collateral required, with maximum terms of 180 days.
- Receiving an advance payment up to 80% of the invoice value
Qualifications
- Juristic persons who registered to operate a business in Thailand
- Registered and operating business in Thailand more than 2 years.
- Having profit record in the past 2 years
- Good repayment history, no late repayment, pass NCB check and not in the process of entering into a debt restructuring agreement with any financial institutions and not classified as NPLs
- No record of disqualified contractor or demands for compensation from government or state enterprises.
Remark: Other qualifications shall be as specified by the Bank.
Document Required
- Business Registration Certificate issued by the Department of Business Development, Ministry of Commerce, and objectives of Juristic person.
- List of Shareholders (Bor. Or. Jor. 5)
- Articles of Associations / Partnership Agreement
- Financial Statements and Auditor’s Report
- Internal Financial Statements or Value Added Tax Return Certificate (P.P. 30)
- Commercial documents such as A/R, A/P, Inventory Report, Bill Purchase
- Commercial documents such as P/O, Invoice
- Specific business license
Remark: other qualifications are as per the bank’s regulations.
