BNK Busan Bank Launches '3-Free Hope-Link Revolving Loan' for Local Small Businesses

Full Guarantee Fee Support, Applications Available via Mobile Banking from July 17
Up to 10 Million KRW Limit and 200,000 KRW Cashback Combined with Hope-Link Credit Card

BNK Busan Bank (President: Bang Seongbin) is launching a new financial product, the '3-Free Hope-Link Revolving Loan,' in collaboration with Busan Metropolitan City and the Busan Credit Guarantee Foundation, as an extension of the '3-Free Hope-Link Card' initiative.

This product is a revolving loan based on a guarantee certificate from the Busan Credit Guarantee Foundation, with a limit of 5 million KRW per business. The loan period is one year, with the possibility of extension for up to four years. Combined with the existing '3-Free Hope-Link Credit Card' limit, customers can use up to a total of 10 million KRW.

In particular, Busan Bank will cover the entire guarantee fee, and customers who use the Busan Bank Corporate Check Card linked to this product will receive a 3% rebate of their annual spending in Dongbaekjeon points (up to 100,000 KRW).

Including the cashback benefit from the existing '3-Free Hope-Link Credit Card,' customers can receive up to 200,000 KRW in cashback benefits per year.

Furthermore, all procedures from guarantee application to loan execution can be completed through the Busan Bank mobile banking app without visiting a branch, significantly enhancing customer convenience. Applications will be accepted starting July 17.

Eligibility is limited to small business owners located in Busan Metropolitan City who have been in business for at least six months, have annual sales of at least 12 million KRW or sales of at least 3 million KRW in the past three months, and meet certain personal credit score criteria.

Kang Seokrae, Head of Corporate Customer Group at Busan Bank, stated, "This revolving loan product goes beyond simple credit card support to help local small business owners secure real liquidity." He added, "Busan Bank will continue to provide tailored support as a reliable financial partner for local small businesses."

BNK Busan Bank Headquarters.