Fintech
Korea Credit Bureau launches 7-day credit rating certificate for small business corporations
Korea Credit Bureau has launched a short-term credit rating certificate for small business corporations to ease the burden of public procurement bidding. The product, called the “7-day credit rating certificate”, is offered via its Credit Note platform. It has a validity period of 7 days and costs 9,000 won to issue. The company said it is aimed at firms bidding for the first time or bidding once or twice a year.
