Post by account_disabled on Dec 20, 2023 7:26:34 GMT
Charoen Pokphand Foods Public Company Limited or CPF is moving forward with extending the Faster Payment project to provide credit terms within 30 days to SMEs partners for an additional 3 months, for a total of 18 months of project implementation. To support 6,000 SMEs partners to have strong liquidity. can recover as quickly as possible and open to new opportunities From the economic situation that is gradually returning to normal this year. Miss Thidarat Dechayanbancha Deputy Managing Director Regarding the procurement of equipment, CPF said that according to the guidelines for the duration of trade loans (credit terms) for small and medium-sized business operators and farmers, the period does not exceed 45 days in the case of agricultural products.
The period does not exceed 30 days, effective from December 16, 2021 onwards. However, the company considers the economic situation is still highly uncertain and most of its SMEs trading partners do not Telegram Number Data procure agricultural raw materials. The company therefore decided to extend the period. Continue the Faster Payment project for another 3 months until the end of March 2022 to help approximately 6,000 SMEs partners receive faster revolving funds and have increased financial liquidity. Help reduce debt burden and costs decreased The extension of the Faster Payment project for another 3 months to help strengthen financial liquidity for SMEs partners is a New Year's gift from CPF. which is moving forward with the project to assist SMEs partners for a total of 18 months in order to increase confidence for SME entrepreneurs to operate and expand according to the plan and to be able to quickly adapt and respond to changing situations.
Supporting the business of SMEs to grow steadily in the new normal era," Ms. Thidarat said. CPF has initiated the Faster Payment project since October 2020 until now, a total of 15 months, to help business partners who are entrepreneurs. SMEs alleviate the direct and indirect effects of the COVID-19 crisis that has caused SMEs to suffer a severe loss of income and some to the point of closing their businesses. By reducing the credit term period for SMEs partners to receive money for goods and services from the company within 30 days to increase financial liquidity, helping SMEs to operate their businesses. Maintain employment and can grow steadily amidst a highly volatile situation In addition to the Faster Payment project.
The period does not exceed 30 days, effective from December 16, 2021 onwards. However, the company considers the economic situation is still highly uncertain and most of its SMEs trading partners do not Telegram Number Data procure agricultural raw materials. The company therefore decided to extend the period. Continue the Faster Payment project for another 3 months until the end of March 2022 to help approximately 6,000 SMEs partners receive faster revolving funds and have increased financial liquidity. Help reduce debt burden and costs decreased The extension of the Faster Payment project for another 3 months to help strengthen financial liquidity for SMEs partners is a New Year's gift from CPF. which is moving forward with the project to assist SMEs partners for a total of 18 months in order to increase confidence for SME entrepreneurs to operate and expand according to the plan and to be able to quickly adapt and respond to changing situations.
Supporting the business of SMEs to grow steadily in the new normal era," Ms. Thidarat said. CPF has initiated the Faster Payment project since October 2020 until now, a total of 15 months, to help business partners who are entrepreneurs. SMEs alleviate the direct and indirect effects of the COVID-19 crisis that has caused SMEs to suffer a severe loss of income and some to the point of closing their businesses. By reducing the credit term period for SMEs partners to receive money for goods and services from the company within 30 days to increase financial liquidity, helping SMEs to operate their businesses. Maintain employment and can grow steadily amidst a highly volatile situation In addition to the Faster Payment project.