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Ulsan city to provide corporate loan service, a KRW 6 bln relief program to keep SMEs stable

According to Newsis,

Bukgu, Ulsan city announced on Jan. 17 that the city government will provide corporate loan service worth KRW 6 billion to help local SMEs and startups remain financially stable. Candidates selected can take out loans within the limit of KRW 50 million. The city office will cover 2 percent of the mortgage interest rates.

A city official said “We sincerely hope that any local entrepreneurs financially stressed can benefit from the remedy, regaining growth momentum to stay sustainable” For more information, you can click on or call 052-283-8350.

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Source: Newsis (Jan. 17, 2020)

*This article was translated from Korean.