Jungjingong Expands Second Phase of Emergency Management Stabilization Fund Support for e-Commerce Unsettled Payment Cases
‘SellerHub Through e-Commerce Entry Companies’ Added
Additional Applications for Policy Fund and Loan Maturity Extension Accepted on 28th
The Small and Medium Business Corporation announced on the 28th that it will expand the scope of emergency management stabilization fund support and loan maturity extension to include companies that have not received payment settlements for sales made through e-commerce platforms via SellerHub. SellerHub is an integrated management solution for marketplace-type shopping malls, allowing sellers to sell on platforms such as Tmon and Wemakeprice.
Following the joint announcement by the Ministry of SMEs and Startups and other government departments on the 23rd to expand support to companies affected on SellerHub, the Small and Medium Business Corporation is also expanding the support scope for the second time and will conduct additional applications for the emergency management stabilization fund. However, companies that have already received support due to previous payment delays are excluded from this additional application.
Hot Picks Today
As Samsung Falters, Chinese DRAM Surges: CXMT Returns to Profit in Just One Year
- "Most Americans Didn't Want This"... Americans Lose 60 Trillion Won to Soaring Fuel Costs
- Man in His 30s Dies After Assaulting Father and Falling from Yongin Apartment
- Samsung Union Member Sparks Controversy With Telegram Post: "Let's Push KOSPI Down to 5,000"
- "Why Make Things Like This?" Foreign Media Highlights Bizarre Phenomenon Spreading in Korea
The support conditions remain the same as before, including a fixed annual interest rate of 2.5%, and applications will close early if the budget is exhausted. Companies wishing to apply for the emergency management stabilization fund can do so from the 28th on the Small and Medium Business Corporation's website.
© The Asia Business Daily(www.asiae.co.kr). All rights reserved.