SME Loans No Collateral Required
Fulfilling Every Business Requirement

SME Financing refers to financial services specifically designed to support the needs of small and medium-sized enterprises (SMEs). These services offer a variety of options to help small businesses access the capital they need to start, operate, expand, or improve their operational efficiency. The business financing options listed above are a few ways to help your SME take its business to the next level.

Those who are suitable for SME loans include:

• Small and medium-sized enterprises (SMEs) located in Thailand are registered as companies or limited partnerships and have sufficient income or liquidity.
  
  
• Entrepreneurs who need capital for business purposes such as revolving funds, business expansion, purchasing machinery, or business improvements.
  
  
• Those who have at least 1–3 years of business history (depending on the lender) and no history of delinquency or excessive credit problems.
  
  
• Businesses that are ready to prepare financial documents such as financial statements, company registration, PND / retrospective certification, or others to make loan applications easier.

Generally, SME loans can be divided into 3–4 main types, each with different purposes and conditions, as follows:

• Working Capital Loan – Used to increase liquidity such as paying for goods, wages, and daily expenses.
  
  
• Business Expansion/Investment Loan (Business Expansion or Term Loan) – used for purchasing machinery, expanding branches, improving the business.
  
  
• Specialized financing such as Invoice Financing, PO Financing, Project Financing – used to receive advance funds from invoices, purchase orders (POs) or project implementation.
  
  
• Unsecured loans / Secured loans – classified according to collateral conditions, for example, some service providers offer unsecured loans.

Yes — There are SME lenders in Thailand that offer unsecured loans , which help businesses that don't have a lot of assets or don't want to use collateral to access capital.

For example, Funding Societies Thailand states that “Access SME loans without collateral and grow your business” on fundingsocieties.co.th is a loan service that does not require collateral for SMEs. However, there are some caveats:

• Interest rates may be higher than secured loans because of the increased risk to the lender.
  
  
• Conditions such as minimum income, credit history, and length of business are usually more stringent.
  
  
• The amount or period of repayment may be more limited than with a secured loan.

Bottom line: If your business has good revenue and credit but no collateral, you can still apply for a SME loan without collateral — just choose a provider that offers the products you need and read the terms carefully.