Search results for small business loans
Finance
Small business loan barriers may ease as lenders weigh growth over credit history
South Korea plans to let small business owners with limited credit histories seek bank loans using AI-based credit assessments built on non-financial data such as sales, business type and trade area conditions. The Financial Services Commission unveiled a small business-focused credit assessment system that grades growth prospects in 10 tiers and can lift existing credit ratings. Seven banks will pilot it from August in loan screening worth about 1.8 trillion won, with expansion planned later.
Crypto
Community banks see net deposit outflows to Coinbase, down $78.3 million in 13 months
Community banks are experiencing fund outflows to Coinbase, Cointelegraph reported on Feb. 19. Bank data analytics firm KlariVis reviewed 92 community banks and found net deposits of $78.3 million moved to Coinbase over 13 months. An analysis of data from 53 banks showed $122.4 million flowed out and $44.2 million flowed in. Most outflows came from money market accounts, where 96.3 percent of related transactions went from banks to the exchange.
Finance
Saemaul Geumgo supplies 405.2 billion won in policy loans in 2025
The National Federation of Saemaul Geumgo said on Saturday it supplied 405.2 billion won in public policy loans last year through three products: Haetsal Loan, loans under agreements with local governments and small business loans. It said the volume has risen steadily in recent years, increasing from 293.9 billion won in 2022 to 405.2 billion won in 2025. The federation plans to identify and share best practices and broaden access.