IBK extends’ultra-low interest rate loan’ period for small businesses that are closed or closed

Input 2021.04.06 11:16

On the 6th, IBK Industrial Bank announced on the 6th that it will carry out’extending the ultra-low interest rate special loan period for small business owners’ to help SMEs and small business owners who have closed or closed due to a prolonged period of new coronavirus infection (Corona 19) with the Korea Credit Guarantee Foundation.

Earlier, the Ministry of SMEs and Startups, IBK, and the Korea Credit Guarantee Foundation agreed to support extension of the loan period even when a private business operator using a local credit guarantee foundation closes at the’Small and Medium Business Financial Support Committee’ held on the 31st of last month. .

The ultra-low interest rate special loan for small businesses that is subject to the extension of the period this time is a loan guaranteed by a local credit guarantee foundation last year for the purpose of supporting corona-damaged companies. IBK provided a working capital of 7.8 trillion won to about 270,000 companies last year.

The target of the period extension is a private business that is normally repaying the principal and interest and does not have bad information such as a credit guarantee accident. You can apply for an extension of the loan period by submitting a’re-establishment plan agreement’ to a local new report and visiting a branch office after extending the warranty expiration. It is expected that over 10,000 private business owners who are currently preparing to resume their business after closure or closure will benefit from this extended measure.

An official from IBK said, “In addition to special loans at ultra-low interest rates, all loans to private businesses that are collateralized with local new reports are eligible for support.”