SME Development Bank introduces the ‘SME D Bank’ platform, a new dimension of digital services catering to the needs of small and medium-sized enterprises (SMEs). Through the application, SME D Bank provides solutions encompassing finance, digital tools, and knowledge, elevating support to SMEs in terms of funding, strengthening business resilience, and fostering sustainable growth.

The SME D Bank platform offers an online loan application service that is available 24/7. Users can check the monthly payment amount and submit an application immediately by filling out basic information. The information will be sent to the SME D Bank branch in the area where the business is located. Within seven days, a mobile service unit called “Loan Booster” will visit the business to assess its condition. This makes it easier for micro-SMEs to access low-interest loans from SME D Bank.

2. Tools Box

Tools Box is a service that provides digital tools to help SMEs upgrade their businesses to the 4.0 era. It includes over 50 free applications, such as point-of-sale software, business plan software, human resources management software, inventory management software, transportation management software, customer relationship management software. By the end of 2018, SME D Bank plans to add 100 more applications to Tools Box.

3. e-Library  

e-Library is a service that provides business information, news, and how-to guides. It includes information on a variety of topics, such as management, marketing, and quality standards. The information is presented in a variety of formats, such as articles, videos, and infographics. This helps SMEs to improve their business resilience. The information is updated regularly to ensure that it is up-to-date and relevant.

Mr. Mongkhon continued that, while traditional digital banking platforms focus on financial transactions, the SME D Bank platform is designed to focus on providing convenience for micro-SMEs to access low-interest loans, such as the SME 4.0 Loan at 1% interest and the Economy Star Loan at 3% interest. The platform also provides business information and digital tools to help micro-SMEs survive and grow sustainably.

In addition, the platform offers a special service called SME Privilege. This service provides users with various benefits. For example, users earn points for each activity they complete on the SME D Bank platform. Points can be redeemed for benefits from SME D Bank’s partners and customers. For example, 30 points can be redeemed for a 25 LINE Point code, 10 points can be redeemed for two donuts from Mister Donut, 75 points can be redeemed for a 50 baht Tesco Lotus voucher, and 100 points can be redeemed for a Starbucks eCoupon worth 100 baht. In addition, some benefits can be redeemed simply by showing that the SME D Bank platform has been downloaded. For example, users can get a 20% discount on a stay at “Pa 500 Rai” and a 20% discount on all rides at Thongsombun Club.

The SME D Bank app is available for download from the Google Play Store and will soon be available from the Apple App Store. SME D Bank expects to have about 10,000 downloads and registrations within the first few months of launch.