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Songpa-gu Allocates 32 Billion Won to Small Businesses and Micro-Enterprises
AI 3-line summary
- Songpa-gu announced it will provide a total of 32 billion won in financial support this year to ease funding difficulties for small and medium-sized enterprises and micro-enterprises.
- Small and medium-sized enterprises with collateral can receive loans of up to 200 million won per company, while small enterprises and micro-enterprises lacking sufficient collateral can receive special credit guarantees of up to 50 million won.
- Loans from the SME Growth Fund carry a fixed annual interest rate of 1.5% and can be applied for starting February 2, while cooperative funds will be available after a separate announcement in the second half of the year.
Summary written by AI from the original article · 88 languages
Read the full article (machine translation) → Original article (Korean): 송파구, 중소기업·소상공인에 320억 원 자금 지원… 맞춤형 금융 지원 확대
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