Working Capital | Thanachart Plus

Working Capital

What is a Working Capital Loan?

Short term, revolving loan for supporting as a working capital of the clients. The collateral can be land, land with building, condominium units or other marketable assets.

Working Capital Loans

Credit limit: Support loan from THB 30 million onward and no limit of loan ceiling.
Repayment period: 3 years or tailor made to client need.
Interest rates: 12% p.a. or lower
Interest payment: payable on the issuance date of each promissory note according to its terms
Other conditions: Rollover of each issue of the promissory note is allowed within the loan tenor.
Note: The preliminary conditions are subject to change as appropriate.

Types of collateral

Vacant lands / lands with buildings

Hotels / resorts

Residential houses / houses in housing projects

Commercial buildings / serviced apartments

Office buildings / condominiums

Stocks on the stock exchange

Vacant lands / lands with buildings

Hotels / resorts

Residential houses / houses in housing projects

Commercial buildings / serviced apartments

Office buildings / condominiums

Stocks on the stock exchange

Criteria of collateral to be considered

Ownership documents: only title deeds or condominium ownership documents are accepted. Nor Sor 3, Nor Sor 3 Kor, or leasehold rights are not accepted.
Lands in agricultural, industrial, forestry, national forest reserves, national park areas are not accepted.
Lands must have a minimum width of 12 metres with an exit of a minimum six metres in width to public roads and can also be developed commercially or residentially.
Lands must have access to basic utilities such as electricity, water, network coverage, etc.
Lands with buildings must have a valid construction permit and do not violate any regulations.
Lands must not have any intruders or pending litigation, and is not a restricted area.
Active stocks on the stock exchange.

Application documents

Individuals
An identification card or passport (with at least six months validity)
A marriage/divorce certificate (if any)
A spousal consent letter (if any) for loan and mortgage
A bank statement showing the past 6 months' history of transactions
A Credit Bureau report (issued within the past three months)
Juristic Persons
A company registration certificate (issued within the past three months)
A list of shareholders (issued within the past three months)
ID card or passport of the director (Remaining period of not less than 6 months)
Financial statements of the past three years, audited by an approved auditor
An annual corporate Income Tax Return (Form PND 50)
A bank statement showing the past six months' history of transactions
A Credit Bureau report (issued within the past three months)
Other as specified

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