Act for Development of Small and Medium Enterprises Article 18

The term "loans to meet with the requirements of enterprises implementing business converting projects or adapting to the change economic situation " used in Article 15 shall refer to any of the following loans extended to small and medium enterprises:1.Loan provided as revolving fund in support of production and sales during the period of economic recession;2.Loan required for procurement of replacement or additional machinery and equipment in the course of business conversion; or3.Loan required for procurement of automation equipment for improvement of productivity.