Hello. I’m new to this site, well new to posting anyway. I’ve found this resource very helpful and was hoping to get some answers here.
I’ve lived here for six years, have an APRC and working as an English teacher.
My partner has opened a cookie and doughnut shop in and we’re hoping to expand and improve the shop/website. We wanted to take out a business loan with the government but unfortunately we couldn’t.
My question is does anyone know of a bank that will give provide a loan to a foreigner. I have three Taiwanese credit cards and clear my balance with these every month.
My salary is around 65,000 a month, I’ve cut back on my hours for a better work/life balance. Ideally it would be in my name as my Taiwanese boyfriend’s credit history has an unpaid student loan on it which meant the government loan was refused.
If anyone has been approved recently could you please mention which bank it was with. I might also be able to get a Taiwanese friend to co-sign with me if that would help.
I tried many years ago at various banks and was flatly told no at them all.
If I were to suggest banks that potentially might look at a foreigner app, I’d say E. Sun first followed by Fubon and Cathay as they tend to be more foreigner friendly.
And try the one that you bank with as well as they can see all your banking history.
I know they used to be shitty yes. These days not sure. On their English app it does mention apply for loans and when I clicked it it says to fill out an app. Not sure what happens if you do though.
have somewhat slightly positive experience with E.sun. never tried heavy stuff like loans or mortgage, but got 2 credit cards with them and the bank accounts. That they do not proactively support us is not a news (they didn’t even have a paper application form to let me apply for the Starlux credit card when it came out, literally handwrote the application), but not too shabby either recently.