Daegu Bank "Non-face-to-face Application for 2nd Financial Support Loan for Small Business Owners"

Applications Available via App Starting from the 29th

[Image source=Yonhap News]

[Asia Economy Reporter Park Sun-mi] DGB Daegu Bank announced that starting from the 29th, it will implement the ‘Easy-One Guarantee’ non-face-to-face guarantee application platform and the ‘Non-face-to-face Small Business Owner Secondary Financial Support Loan’ service for individual business owner small business operators in cooperation with the Korea Credit Guarantee Fund.

Previously, small business owners had to visit government offices during busy working hours to obtain the necessary documents for loans and apply for guarantees at the Korea Credit Guarantee Fund branches. However, small business owners who wish to apply for loans can now proceed with loan and guarantee applications non-face-to-face without visiting branches.

In the case of the Easy-One Guarantee Loan, loan and guarantee applications can be made through the IM Bank_Corporate (app), but the final guarantee agreement and loan contract require a branch visit. The Small Business Owner Secondary Financial Support Loan can be accessed completely non-face-to-face via the IM Bank (app) without visiting a branch.

Daegu Bank has minimized financial burdens by providing up to 500 million KRW in special contributions, applying preferential guarantee terms such as a 0.2% reduction in guarantee fees by the Korea Credit Guarantee Fund during Easy-One Guarantee support, which can be supported for up to three years. Small business owners seeking financial support can apply for loans after screening by the Korea Credit Guarantee Fund, and applications are available through the app starting from the 29th. Loans of up to 100 million KRW can be obtained. The Small Business Owner Secondary Financial Support Loan provides up to 20 million KRW non-face-to-face.

A Daegu Bank official stated, “Not only for this Korea Credit Guarantee Fund non-face-to-face guarantee application, but we are also preparing various non-face-to-face products to enhance convenience for corporate customers in line with the non-face-to-face financial trend.”

This content was produced with the assistance of AI translation services.