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Gwangju city to extend special guarantee subjects tocorporations with losses with new coronavirus

광주시신종 코로나 위기 기업 특례 보증

Gwangju city to extend special guarantee subjects tocorporations with losses with new coronavirus

 

Gwangju city revealed on the 4th that the special guarantee for the regional small and medium corporations financial aid will be extended to corporations facing difficulties due to the new coronavirus influenza spread.

 

The former supported subjects were automotive parts corporations or manufacturers with losses due to the Japanese export regulations.

 

The city plans to operate guarantee funds of 30 billion won worth and the subjected corporations can apply for the guarantee from the Gwangju Federation of Credit Guarantee Foundation, after which can receive funds of up to 300 million won with 3.0~3.2% interest rates.

 

The city will also operate the new coronavirus damage report center at the Gwangju Economy Promotion Association.

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