Taishin Bank finances Taiwanese construction SMEs up to NT$6 million

Taiwanese small and medium-sized enterprises (SMEs) in the construction industry can now access up to NT$6 million in financing from Taishin Bank to ease cash flow issues. Taishin Bank's new program aims to help construction businesses, which often face payment delays, by providing quick loan approvals, potentially within four hours, and offering a promotional interest rate of 2.88% for the first three months. The program addresses common challenges like covering labor and material costs before receiving payments, and unexpected expenses from project modifications, with loan terms up to 60 months.