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Yangcheon-gu eases credit pressure on SMEs and small merchants with 0.8% low-interest loans
AI 3-line summary
- Yangcheon-gu announced it will provide an additional 2 billion won in loans to small and medium-sized enterprises and small merchants, following 4 billion won in loans in the first half of the year.
- Loan interest rates will be temporarily lowered to 0.8% through the end of this year, with manufacturers able to borrow up to 300 million won and wholesale, retail and other businesses up to 80 million won.
- Applications must be submitted in person with documents on the 7th floor of the Yangcheon-gu Office, Jobs and Economy Division, by the 14th of this month, and loans will be available at the end of September after review by the Fund Management Committee.
Summary written by AI from the original article · 88 languages
Read the full article (machine translation) → Original article (Korean): 중소기업·소상공인 자금 숨통 틔운다… “양천구, 0.8% 초저금리 융자지원”
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