소상공인 정책자금 종류These loans may be difficult to obtain unless you are an employed person with a stable income and the ability to repay the money.
Among small business owners, if you have the ability to repay, but have difficulty getting a loan because you run a small business,
Please take a look at small business business loans through small business policy funds.
The Small Business Market Promotion Corporation provides policy funds to small business owners.
Types include growth promotion funds, general management stabilization funds, start-up initial funds, business conversion funds, small business emergency funds,
There are emergency management stabilization funds, special youth employment funds, and special management stabilization funds.
Those eligible to apply for a small business loan are small business owners with less than 5 full-time employees.
In the case of manufacturing, construction, transportation, and mining, the number is said to be less than 10 people.
However, the entertainment industry, professional industry, hotel industry, finance industry, insurance industry, and real estate industry are said to be excluded from eligibility for small business loan support.
In detail, application requirements vary depending on the self-employed loan product.
Small business owners with more than 3 years of business experience, less than 1 year of business experience, or those who have completed ‘small business re-startup package’ training, etc.
Since it varies depending on the product, we recommend that you check the Small Business Market Promotion Agency website to find the product that suits you.
The interest rate for small business loans is 1.47% to 2.07% per annum, which also varies depending on the product.
The lowest is 1.47% for the Youth Employment Special Fund and 2.07% for the General Management Stability Fund.
The loan limit is within 100 million won for the disabled, business conversion level, and youth employment special fund.
Growth promotion funds within 200 million won, small business specialized funds within 500 million won, etc.
Loan limits vary depending on the product and conditions.
The loan period also varies depending on the product, from 2 to 10 years.
Recently, business owners who are experiencing difficulties in management due to Japanese export regulations
Through the general management stabilization fund, a variable interest rate of 1.87% was provided under the condition of ‘management difficulties due to Japanese export regulations’.
You can receive a loan for up to 5 years, including a 2-year grace period.
Loan procedures are always complicated.
Small business loans are not much different.
First, the Small Business Market Promotion Corporation issues a certificate of eligibility for policy funding.
Then, a credit guarantee must be issued through a guarantee agency and bank.
It is said that credit, financial status, management ability, and business feasibility are evaluated.
And finally, if you get a loan from a bank through credit, collateral, guarantee, etc., you’re done!
Online submission of policy fund documents is not a loan application.
To complete the application, you must visit the center in person, fill out and seal the application form, and submit it along with additional documents.
Please remember this part!
So far, we have learned about the types, interest rates, and application methods of small business loans.
When you run a business, you incur a lot of expenses.
For such business owners, the Small Business Market Promotion Corporation is preparing various systems such as small business loans.
In addition, Biz House also provides free design samples to small business owners.
Biz House always supports small business owners 🙂
