Channel Corporation Partners with Pulda to Support Loans for SMEs and Small Business Owners

Launching Customized Loan Products

Channel Corporation announced on May 7 that it has signed a financial support project Memorandum of Understanding (MOU) with Pulda, which operates the data-driven residential solutions platform "Jipjikeo," aimed at supporting small and medium-sized businesses (SMBs).

This agreement was established to provide a wider variety of financing options to small business owners and e-commerce operators. Based on both companies’ technological expertise and key data indicators, they plan to collaborate on developing new credit evaluation models for SMBs, designing customized loan products, and connecting financial products.

Kim Jaehong, Chief Revenue Officer of Channel Corporation, and Kim Hanseong, CEO of Pulda. Channel Corporation

Previously, even when SMBs demonstrated strong business growth potential, their ability to secure funding was often restricted due to assessments that focused mainly on financial statements. As a result, market demand for SMB-specific loans has continued to grow. In response, Channel Corporation has pursued this collaboration to develop models that enable customers who accumulate data on its platform to utilize this data for external financial screenings as well.

Jae Hong Kim, Chief Revenue Officer (CRO) of Channel Corporation, stated, "The high-quality business data brokered by Channel Talk will become the key to solving the biggest challenge facing SMBs: securing financing," and added, "Through our partnership with Pulda, we will work towards building a healthy financial ecosystem where small business owners can focus solely on growth."

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