Loan Eligibility, Expected Limits, and Interest Rates Provided Before Small Business Policy Fund Application

Korea Credit Information Services (KCS), a credit rating agency for sole proprietors, announced on the 20th that it will provide a preliminary diagnosis service for small business policy funds in collaboration with the Small Enterprise and Market Service.


The preliminary diagnosis of small business policy funds has established itself as a data-driven financial support system for small business owners since 2023. Small business owners can check in advance their loan eligibility, expected limits, and interest rates before applying for policy funds. Without submitting any additional documents, they can verify the possibility of obtaining policy fund loans with just a few clicks and plan their finances more efficiently. This service is provided free of charge without any additional fees or commissions.

Korea Credit Information, Pre-Diagnosis Service for Small Business Policy Funds... Collaboration with Sosin Gong View original image

Korea Credit Information Services operates the preliminary diagnosis service for small business policy funds as a partner in the Small Enterprise and Market Service’s "Project to Enhance Convenience in Using Small Business Policy Funds," offering a function to diagnose the loan eligibility and limits of ‘proxy loan’ products by business site. Going forward, KCS plans to enhance the service by analyzing actual loan execution data from customers using the preliminary diagnosis through artificial intelligence (AI) methodologies to facilitate smoother fund acquisition for small business owners.



Lee Min-je, Director of Korea Credit Information Services, said, “The preliminary diagnosis service for small business policy funds is an example of innovation in data-driven financial support,” adding, “We plan to continuously advance the technology so that small business owners can reduce unnecessary trial and error during the policy fund application process and receive the necessary financial support more quickly.”


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

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