Siam Validus joins Thailand NCB to speed SME loans

By Vriti Gothi

Siam Validus has joined the Thailand National Credit Bureau (NCB)  to advance Thailand’s financial ecosystem through digital, efficient, and responsible SME credit solutions.

As the only crowdfunding platform in Thailand to secure NCB membership, Siam Validus demonstrates its dedication to responsible lending, transparency, and innovation. The platform, a joint venture between Validus Group—Southeast Asia’s largest digital supply chain financing platform with over US$5 billion in SME loans facilitated—and SCG Distribution Co. Ltd., leverages its crowdfunding licence to provide unsecured lending to SMEs within closed-loop supply chains.

Siam Validus is actively engaging with leading domestic and international financial institutions to raise additional capital for deployment across transaction-backed supply chain ecosystems. The company is also exploring opportunities to extend financing solutions to large corporates, enabling streamlined access to unsecured funding for their suppliers and buyers.

Membership with the NCB represents a strategic advancement for Siam Validus, enabling real-time access to credit bureau reports with SME consent, reducing current loan turnaround times from two weeks to near-instant. Additionally, the platform can now responsibly report SME exposures and payment histories back to the national system, fostering a virtuous cycle of transparency, accelerated decision-making, and stronger credit profiles for Thai SMEs.

Mr. Anand Periwal, CEO of Siam Validus, said, “This achievement is a critical step in Siam Validus’ journey to serve Thailand’s SMEs with greater speed, credibility, and responsibility. Access to credit remains a key barrier for SMEs, which constitute a large proportion of Thai businesses and contribute over 35% of GDP. By joining the NCB and as the only crowdfunding platform in Thailand to do so—we are not only accelerating loan approvals through faster access to credit data, but also ensuring that SMEs’ positive repayment histories are recorded to unlock larger opportunities in the future. Our commitment remains clear: to empower Thai SMEs with innovative, digital-first financing solutions that help them grow, thrive, and strengthen the economy.”

Dr. Luxmon Attapich, CEO of NCB, said, “We welcome Siam Validus as a new member of the National Credit Bureau. Their strong market presence, digital-first supply chain approach for large corporates, and deep commitment to Thailand make them a valuable addition to our ecosystem. NCB looks forward to supporting Siam Validus in promoting transparency, responsible lending, and inclusive growth for Thai SMEs.”