Taiwan Shin Bank offers quick loans to construction firms

Taiwan Shin Bank is offering a new financing program for construction businesses, providing up to NT$6 million in loans approved in as little as four hours. This aims to address cash flow challenges faced by these businesses. The program targets the specific needs of construction companies, such as those in interior design, HVAC, and civil engineering, which often struggle with payment delays. The loans can be used for equipment, guarantees, and material prepayments, with a maximum repayment period of 60 months. This initiative follows the bank's history of supporting small and medium-sized enterprises, including specialized programs for pharmacies and e-commerce sellers, and reflects its commitment to assisting businesses with their financial needs.