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Toss Bank-Daegu Shinbo Sign MOU for Small Business Financial Support

Toss Bank-Daegu Shinbo Sign MOU for Small Business Financial Support ▲Toss Bank CEO Eunmi Lee (left) and Jinwoo Park, Chairman of Daegu Credit Guarantee Foundation, are posing for a commemorative photo after signing the "Daegu City Small and Medium Enterprise - Small Business Financial Support Agreement" at the Toss Bank headquarters located in Gangnam, Seoul on the 25th. [Photo by Toss Bank]

Toss Bank is introducing a new financial support policy product in collaboration with Daegu Credit Guarantee Foundation (Daegu Shinbo) to support small business owners in the Daegu area.


On the 28th, Toss Bank announced that on the 25th, it signed the "Daegu City Small and Medium Enterprises - Small Business Financial Support Business Agreement (MOU)" at Toss Bank headquarters located in Yeoksam-dong, Gangnam-gu, Seoul, with Toss Bank CEO Eunmi Lee and Daegu Shinbo Chairman Jinwoo Park in attendance.


Under this collaboration, Toss Bank plans to launch a guarantee loan worth a total of 1.5 billion KRW for small business owners in the Daegu area. This product targets small business owners located in Daegu with a representative credit score of 595 or higher, and loans of up to 100 million KRW per business are available.


Through this cooperation, Toss Bank expects to provide expanded financial support to small business owners facing management difficulties and contribute to revitalizing the local economy.


Toss Bank has previously introduced guarantee loan products for small business owners by signing business agreements with credit guarantee foundations in Busan and Seoul, and plans to continue collaborating with credit guarantee foundations in various regions to contribute to local economic revitalization.


Eunmi Lee, CEO of Toss Bank, said, "We are pleased to enhance financial accessibility for small business owners in the Daegu area through this cooperation and to provide guarantee loans non-face-to-face." She added, "Toss Bank will continue to strive to build a win-win financial model that grows together with small business owners through collaboration with various regions."


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