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TaiwanICDF Women’s Guarantee

Small Business

Lending Solutions

BOSL / ECPCGC Guaranteed Loan Solutions

TaiwanICDF Women’s Guarantee

all the bank you need

The TaiwanICDF Women’s Guarantee funding is tailored to:

Women who would like to start a business.
Women-owned business with a minimum of 33% women employees.
Micro and small enterprises/cooperatives with a minimum of 50% women employees.

Funds can be used for: Working Capital, Inventory Purchases, Expansion, Overdraft (Revolving Credit)

Loan maximum: $100,000
Guarantee %: 85%
Guarantee maximum: $85,000
Equity required: 5%
Collateral required: 15%
DSR (DSCR): 1.10 :1
Term of guarantee: Term of the Loan
Offer period: No Limit
Age of Business: Over 6 months
Special Condition 1: Development of a Sinking Funding is allowed.
Special Condition 2: 1-year moratorium on principal repayment is allowed.

Eligibility Requirements:

Annual Revenue of less than $2,000,000 Million ECD
Employ less than 50 persons
Adequate Cash Flow to repay loan (1.25:1 debt coverage ratio)
Business must be in operation for at least three (3) months
25% Equity Contribution

Here is what you will need:

Your Business Registration Documents.
Full Details of your Project.
Financial Statements, Cash Flow Projections or some form of financial record.
National Insurance Company & Inland Revenue Department Clearances.
Supporting Documentation which include but are not limited to:
- Your Identification
- Invoices
- Bank Statements

Frequently Asked Questions

What is the purpose of the Partial Credit Guarantee Scheme?

ECPCGC provides partial credit guarantees to lenders so that MSMEs who do not have sufficient collateral but have a good project and the ability to repay, could now qualify.

Can someone have a guarantor?

Guarantors are acceptable. They must provide a Statement of Affairs during the application process.

Are guarantees granted to start ups?

Startups are now accomodated under the new Start Up Fund programme. A minimum period of three (3) months in operation is required in this instance.

Is there a penalty for early repayment of a loan?

There is no penalty for early repayment of a loan.