POWER UP with our Business Loans

No collateral required. Get approved in 3 days.
Interest Rate
8 - 15% per year
Period
6 - 24 Months
Loan Size
0.5 - 5M THB

Take your business further

PeerPower is an online marketplace lender. We match creditworthy borrowers with investors through a trusted platform. We believe that no two borrowers are the same, so we personalise rates just for you (8-15% per year depending on credit grade).

Quick & Easy to Apply

Application first step Application second step Application third step Application forth step
1.
Apply Online
Complete our online application and upload your documents.
2.
Accept Offer
Our online system assesses your credit profile and provides you with a loan quote within 3 working days
3.
Get listed on Marketplace
Once you accept our loan terms, your loan will be listed on our marketplace
4.
Get your funds
Once matched with investors, you will sign required loan documents and receive funds in your bank account.

Qualifications and Documents

You are eligible for a PeerPower business loan if:
  1. Your business is registered in Thailand (company limited or limited partnership) and has operated more than one year
  2. Your business location is located in Bangkok or greater Bangkok
  3. You have at least one main shareholder (>20% shares)
Required Documents
  1. Certification Letter from DBD
  2. Certificate of Incorporation
  3. List of all Shareholders
  4. Main shareholder’s (>20% shares) copies of ID Cards (or Passports)
  5. Main shareholder’s (>20% shares) primary bank statement for the past 6 months
  6. Company’s primary bank statement for the past 6 months
  7. Latest Audited Financial Statements
  8. Main shareholders’ (>20% shares) Credit Reports from National Credit Bureau
  9. Company’s Credit Reports from National Credit Bureau
  1. Certification Letter from DBD
  2. Main shareholder’s (>20% shares) copies of ID Cards (or Passports)
  3. Main shareholder’s (>20% shares) primary bank statement for the past 6 months
  4. Company’s primary bank statement for the past 6 months
  5. Latest Audited Financial Statements
  6. Main shareholders’ (>20% shares) Credit Reports from National Credit Bureau
  7. Company’s Credit Reports from National Credit Bureau

Calculate your loan repayment

This loan calculator will help you determine the monthly payments on a loan. Simply enter the loan amount below.

FAQ

For small businesses, we know that time is money. Unlike a bank, our service differs in three different aspects:
  • More Convenience - You do not need to travel to the physical branch to apply for a loan. Our application process is quick, easy, and transparent.
  • More Speed - You can apply for a loan online in just 10 minutes, and receive a loan quote within 3 days.
  • More Flexibility - No collateral is required. Borrowers have fexibility to repay the loan sooner.
We assess borrowers based on their financial standing, industry experience, and future growth plans.
No, we won’t charge you extra to pay your loan off early. Plus, you only have to pay interest for the time you borrow — so if you pay it off early, you pay less.

Borrower Stories

Poom Laupattarakasem
Co-Founder, Make IO