3.8 Billion Won in Support for SMEs and Small Businesses in Second Half

Key points in 3 lines

1. Guro-gu announced that from the second half of the year it will provide support, including loans worth 3.8 billion won, to small and medium-sized enterprises and small business owners to ease their funding difficulties.
2. Small and medium-sized enterprises with business sites in Guro-gu can receive up to 200 million won, and small business owners up to 50 million won, repayable in equal installments over four years after a one-year grace period.
3. Direct loans carry an annual interest rate of 1.5% and can be applied for from July 16 to 31 at the Seoul Credit Guarantee Foundation Guro Branch and the Shinhan Bank Guro-gu Office Branch.

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