On January 17, 2023, Mr. Worachat Lakkhanaroj, President of Grab Thailand, said that we started providing credit to restaurant partners since 2020 to support restaurants on the platform. Especially small and medium-sized restaurants to be able to access funding sources to enhance liquidity in business operations.
By the past, the restaurant’s continued through monthly online polls and quarterly mobile caravan activities. And found that one of the key issues that restaurant operators pay the most attention to is credit requirements Including expanding the credit line to be used to develop and improve the restaurant. or expanding the business to have more branches
In addition to daily liquidity management This micro-enterprise loan service is Grab’s strength in helping restaurants grow.
Most recently, we have extended the credit line for restaurant partners both in Bangkok. and other provinces From the original maximum of 100,000 baht, it was increased to a maximum of 500,000 baht as another way to support the growth and enhance business potential for restaurant operators.
For instant cash loans for restaurant partners, the maximum limit of 500,000 baht is a personal cash loan. There is a 6-month installment period and a maximum interest rate of 2.08% per month.
in accordance with the requirements of the Bank of Thailand It comes with 3 strengths that make accessing credit lines more convenient and faster: easy application, quick approval, convenient daily installments.
In this regard, food partners who are interested in obtaining Instant Cash Loans for restaurant partners with a maximum limit of 500,000 baht must earn a minimum of 50,000 baht per month from Grab transactions for at least 6 consecutive months.