Ulju-gun, 1st Round of Small Business Management Stabilization Fund Support This Year

3% Interest Differential Subsidy for Local Small Businesses
Support Provided for Three Years

Ulju-gun, Ulsan City, will provide the first round of Ulju-gun Small Business Management Stabilization Funds this year to support local small business owners facing management difficulties due to high interest rates and high exchange rates.

The Management Stabilization Fund is a project that supports part of the interest when small business owners with workplaces in Ulju-gun receive bank loans. It provides an interest differential subsidy of 3% on loans up to 60 million KRW per business for three years.

The total loan scale for the first round of Ulju-gun Small Business Management Stabilization Funds this year is 10 billion KRW.

The project announcement will be made starting from the 15th. Applications for support can be submitted from 9 a.m. on the 6th of next month by visiting Ulju-gun Office or online through the Ulsan Credit Guarantee Foundation website.

For more details, refer to the announcement on the Ulju-gun website or contact the Nam Ulsan Branch or Seoulsan Branch of the Ulsan Credit Guarantee Foundation.

An Ulju-gun official said, “This Management Stabilization Fund support will reduce the financial burden on small business owners and create a stable management environment,” adding, “We will prepare various policies to provide practical support to local small business owners, who are the cornerstone of the regional economy.”

Ulju County Office.