沙崙綠能科學城 綠能產業火車頭

The Loan Project of the Youth and the SME Credit Guarantee Fund in Tainan

In order to energize the economy in Tainan City as well as help the development of small and medium enterprises, Tainan City Government works in cooperation with guarantee funds to provide credit guarantee financing, “Firefly Credit Guarantee Loans for Small and Medium Enterprises in Tainan City”.  It was renamed as “The Loan Project of the Youth Entrepreneurship and the SME Credit Guarantee Fund in Tainan” on Sep. 3, 2018. Set for the youth entrepreneurs and various types of small and medium enterprises in Tainan, lending quota ranges from NT$500,000 to $5,000,000 with a repayment period of 5 years. The purposes of these loans are limited to the purchase and establishment of factories, operation locations, machinery equipment, operating working capital or reserving capital for start-up.
 
1. Application Criteria
1.1        Type 1 (maximum lending quota of NT$500,000), matches the following requirements:
1.1.1   Citizen who is registered in Tainan City and aged between 20 and 65.
1.1.2   Operates a small-scale enterprise that has tax registration but does not require commercial registration (proof of tax registration and the certificate of below business tax threshold need to be obtained from the National Taxation Bureau of the Southern Area, Ministry of Finance).
1.2        Type 2 (maximum lending quota of NT$2,000,000), matches the following requirements:
1.2.1   Meets the small and medium enterprise standards.
1.2.2   A company, sole proprietorship or partnership that is established in Tainan City, and holds company or commercial registration.
1.3        Type 3 (maximum lending quota of NT$5,000,000), match the following requirements:
1.3.1   Meets the small and medium enterprise standards.
1.3.2   A company, sole proprietorship or partnership that is established in Tainan City, and holds company or commercial registration.
1.3.3   Belongs to one of Tainan City’s main strategic industries – culture and creativity, fashion, green energy, and biotechnology. 
1.4        Type 4 (The maximum amount of the credit is NTD1 million)
1.4.1   Republic of China Citizen who is registered in Tainan City and aged between 20 and 45.
1.4.2   One who has participated in the entrepreneurship related classes guided by the city government over 20 hours or the related projects.
2         Purposes of Loans
2.1        Purchase and establishment of factories, operation locations or machinery equipment. It is required to provide Sale and Purchase Agreement, Table of Contents of Machinery and Equipment, or any kinds of related documents to be verified.
2.2        An operating working capital. The company is required to have been in operation for at least a year before the date of application.
2.3        Loan Application for category 4 shall complete the company or commercial registration within three months of the approval in order to apply to the lending bank.
3         Loan Period: Maximum of 5 years (including the grace period for principal, which is one year).
4         Repayment Methods: Fixed monthly installments of principal and interest except for the grace period.
5         Loan Interest Rate: According to Chunghwa Post Co., Ltd.’s “2-year Fixed Savings Floating Interest Rate” plus annual interest (1.145% floating interest rate).
 
For relevant documents or more information on application, please refer to the following contact details:
● Customer Service Line: Business Development Section, Economic Development Bureau, Tainan City Government 06-6377225
 

 

Yonghua Civic Center 70801 No. 6 Yonghua Road, Sec. 2, Anping District, Tainan City|TEL: 886-6-2991111|
MinJhih Civic Center 73001 No. 36 MinJhih Road, Sinying District, Tainan City|TEL: 886-6-6322231|Contact Us