Project Loans for Promoting Local Cultural Industry
Qualified Applicants:
Small and medium sized enterprises promoting local cultures.
Purpose:
Provide capital required to promote the development of local cultural industries.
Maximum Amount:
1. For capital expenditure or repair: maximum NT$20 million.
2. For working capital: maximum NT$10 million.
Interest Rate:
The interest rate is calculated by adding 2% to the mid- to long-term capital utilization rate.
Period:
1. For working capital financing: maximum five years.
2. For capital expenditure financing: maximum fifteen years for real estate, maximum seven years for personal property.
Collateral:
The applicant should provide collateral accepted by the Bank or guarantee by Trust Guarantee Fund.