Shinbo Provides 'Customized Consulting' Support to Small Business Owners Facing Management Difficulties
[Asia Economy Reporter Song Seung-seop] The Korea Credit Guarantee Fund announced that it will actively support customized consulting for small business owners and self-employed individuals who are experiencing management difficulties due to the prolonged COVID-19 pandemic.
The "Small Business Success Dream Consulting" is a tailored consulting service provided at different crisis stages to strengthen the competitiveness of small business owners. It is a non-financial support program targeting small business owners who have received the second round of financial support but are struggling due to deteriorating business conditions (Level-up Consulting) or those who hope to restart their business after closure (planned) (Change-up Consulting). Priority support recipients are selected considering credit ratings and characteristics by industry, and support is provided on a first-come, first-served basis until the budget is exhausted.
The consulting costs are fully covered by the Korea Credit Guarantee Fund, and applications will be accepted starting from the 26th. Customized solutions such as debt status checks, financial clinics, marketing and digital transformation, and re-startup strategies will be provided according to the crisis stage to eligible small business owners.
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A representative from the Korea Credit Guarantee Fund stated, "We hope that this customized consulting will provide practical help in strengthening the competitiveness and restoring the ecosystem of many small business owners facing critical situations."
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