Up to 10 Million Won Available
No Annual Fees or Guarantee Fees Required
IBK Industrial Bank announced on July 8 that it will launch the 'Small Business Biz Plus' card on July 14, in connection with the government's support policies for small business owners.
This is a corporate card that grants a credit card limit based on a guarantee certificate. There are no costs such as guarantee fees or annual fees.
The card is available to individual business owners nationwide who have received a special guarantee certificate through a regional credit guarantee foundation.
The usage limit is up to 10 million won, and the usage period can be extended by one year at a time according to the maturity of the special guarantee certificate, for a maximum of five years.
IBK Industrial Bank will also offer benefits such as up to six months of interest-free installment payments and a 3% cashback event (up to 100,000 won in the first year of card issuance) to support smooth fund management for small business owners.
The card can be issued at IBK Industrial Bank branches, through the IBK Card app, or via i-ONE Bank (corporate).
An IBK Industrial Bank official stated, "We believe this will provide practical assistance to small business owners who are experiencing difficulties in securing funds," and added, "We will continue to expand customized financial support to promote the management stability and growth of small business owners."
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