Press Centre


Grab Thailand Empowers Merchant-partners Offering loans with credit limits up to 1 MB




Grab Thailand is reaffirming its ongoing commitment to supporting restaurant operators by introducing a new loan product for merchant-partners with a maximum credit limit of THB 1 million. Additionally, adjustments have been made to the personal loan programme for merchant-partners, including extending the installment period and expanding credit limits. These initiatives are designed to provide financial support to merchants for liquidity and business expansion, especially during a period of sustained global economic volatility. According to Grab’s merchant surveys, more than half of restaurant operators are seeking access to financial services to sustain their businesses, and one-fourth require funding for business expansion.

Worachat Luxkanalode, Country Head of Grab Thailand, stated “Commitment to empowering financial inclusion for the underbanked and those with limited access to financial services is at the core of Grab’s mission. We have consistently strived to develop and offer a diverse range of simple, transparent, and flexible financial products to cater to the unique needs of these individuals. One of our flagship offerings is the ‘Quick Cash Loans for Merchant-Partners,’ introduced in 2020. Designed to support restaurant operators, particularly SMEs and small to medium-sized food merchants facing constraints in accessing financial services, the loan offering is tailored based on their business potential and transaction data derived from our platform. With an uncomplicated application process, daily payment deductions from their sales, and competitive interest rates complying with the Bank of Thailand’s regulations, the program has been well-received and has garnered positive feedback from our merchant-partners.”

“In light of the current global economic landscape, shaped by the impact of war and inflation, challenging times have befallen the Thai economy, resulting in a slower growth trajectory, notably around 3.0% This slowdown has affected various industries, including food merchants and restaurant owners.”

According to a recent survey conducted among Grab merchant-partners[i], it was found that 57% of restaurant operators are seeking cash loans to enhance their liquidity for daily operations, while over 25% of them require funds for business expansion. In response to the needs of these merchant-partners, Grab Thailand has introduced a loan product for juristic merchant-partners for the first time, featuring a maximum credit limit of up to THB 1 million. Additionally, Grab has expanded the credit limit for personal loans for merchant-partners to THB 750,000 up from THB 500,000 and extended the installment period from 6 to 9 months.

“We believe that these endeavors would help enhance their competitiveness, ultimately strengthening the entire ecosystem,” added Worachat.

Here are details of the Quick Cash Loans for merchant-partners.

  • Quick Cash Personal Loan (for individual merchant-partners)
    • Increased credit limit up to THB 750,000 (from THB 500,000)
    • Installment period of 6 – 9 months
    • A maximum interest rate reduction of 2.08% per month with no additional fees
  • Quick Cash Loans (for juristic merchant-partners)
    • Maximum credit limit of THB 1,000,000

o   Installment period of 6 months

o   A minimum interest rate starting at just 1.25% per month with no additional fees

Find more details about the loan on the website at 

[1] Reference: Krungthai COMPASS report  as of October 5, 2023

2 Reference: Findings of a survey on interest in loan products for Grab merchant- partners in 2023

3 Reference: Highest interest rate as specified by the Bank of Thailand at 25% per year

Visit our country press centres

Media Inquiries

Contact the Grab media team

Follow us on Grab social channels

  • Facebook
  • LinkedIn
  • Instagram
  • Twitter
Consumers & Drivers


What is GrabRewards? GrabRewards is our flagship loyalty program and we’re excited that it’s going into beta testing. We can’t […]


GrabChat. The first instant messaging feature in a ride-hailing app!

GrabChat is our new instant messaging platform within Grab. It’s a seamless form of in-app communication between you & your […]