Home&Shopping Supports 'SME Win-Win' with 10 Billion KRW Interest-Free Loan

For SMEs with at Least One Broadcast Transaction and Sales Generated

Home&Shopping announced on the 17th that it will implement the win-win cooperation fund support (interest-free loans) again this year, following last year, with the purpose of providing operating funds support to reduce the financial burden on small and medium-sized partner companies.

Home&Shopping planned the interest-free loan system considering the situation of small and medium-sized partner companies, whose concerns about funds have deepened due to the recent sharp increase in interest rates. This is the same form as the interest-free loan for small and medium-sized enterprises in broadcasting transactions implemented in December last year. This year, interest-free loans are expected to proceed with a target scale of 10 billion KRW. The loan period is 12 months, and from three months before maturity, the outstanding amount can be offset against the sales settlement amount, and if there is any unpaid amount, the remaining balance must be deposited by the maturity date.

Eligible companies are small and medium-sized enterprises that have conducted at least one broadcasting transaction with Home&Shopping and generated sales, and are selected through a comprehensive evaluation of sales amount, broadcasting performance, transaction period, credit rating, etc. However, partner companies that received win-win cooperation funds support in December are excluded. The application period is until the 26th.

A Home&Shopping official said, "We will continue to consider ways that can practically help small and medium-sized enterprises, such as the win-win cooperation fund support system."

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