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Seeking Advice: Opening A Sme Business (Restaurant)

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Hi,

My wife and I have a very good opportunity available to us. There is currently a unit available nearby for a very reasonable price 1.8M THB. It is currently a restaurant and we wish to keep it as a restaurant.

I am a British national with a valid work permit and a full time job in BKK. My wife does not have a job (she looks after our 1 yo boy)

We have some savings but nowhere near enough to purchase the unit outright. We would be able to put down approx 200 - 250 K. We would therefore need a bank loan.

This is where I need some assistance;

Do you recommend any banks for commercial banking loans?

Does anyone have any experience in the process?

Thank you in advance.

You do you expect to get a loan?

Your wife will be the loan applicant, but you state that she has no job or income.

Stay at home mum is hardly a stellar qualification for a commercial loan.

Next...

Pls share with me if u have found out any idea about getting loans or business angel

SCB I got a business loan from them ,sorry my gf did.

Sent from my iPad using ThaiVisa app

  • 2 months later...
  • Author

You do you expect to get a loan?

Your wife will be the loan applicant, but you state that she has no job or income.

Stay at home mum is hardly a stellar qualification for a commercial loan.

Next...

SCB approved the loan today :)

Happy Days

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