Search results for sole proprietors
Finance
KakaoBank supplies 1.2 trillion won in mid to low credit loans using non-financial data
KakaoBank is expanding loans to mid and low credit borrowers using an alternative credit scoring model built solely on non-financial data. The bank said it additionally supplied 1.2 trillion won in such loans by reassessing applicants rejected under financial-data models. About 12 percent of mid to low credit loans handled since adopting the model in 2023 went to individuals and sole proprietors newly selected through alternative-data evaluation. Cumulative supply since July 2017 has exceeded 16 trillion won.
Finance
Toss Bank launches \'Check Your Business Income Ranking\' for sole proprietors
Toss Bank on June 8 launched a service for sole proprietors called \'Check Your Business Income Ranking\'. It allows users to see where their business income ranks among similar sole proprietors by industry, the owner’s age and years in business. Rankings are based on business income listed on National Tax Service income certificates. Results are shown in percentile bands, and users can also view estimated income needed to reach higher tiers.
Finance
KakaoBank adds self-employed collateral loan to Naver Pay loan comparison
KakaoBank is expanding access channels for loans to sole proprietors through a partnership with Naver Pay. Self-employed customers will be able to check and apply for KakaoBank’s real estate collateral loan for sole proprietors through Naver Pay’s loan comparison service. KakaoBank said this is the first time its loan products have joined the platform. The service initially covers apartment and officetel collateral loans and plans to add collective commercial property.
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Finance
National Participation Growth Fund sells out as financial sector steps up payment ecosystem expansion
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Finance
Korea\'s three internet banks beat Q1 lending targets for mid-to-low credit borrowers
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Finance
KB Kookmin Bank signs deal with Samsung Fire to expand safety management services for SMEs
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Finance
KakaoPay applies KakaoPay Score to KHFC jeonse loan guarantee screening
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Games & Commerce
KOCCA to support AI transition in game production environments with up to 50 million won
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Finance
K Bank sole proprietor loan balance tops 3 trillion won, up 1 trillion won in six months
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Finance
KOSPI nears 8,000 as AI moves into financial front lines
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Finance
Kbank starts national treasury disbursement service, enabling tax refunds to be paid into accounts
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Finance
KB Kookmin Bank to cut interest above 5 percent, expand support for sole proprietors
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Finance
KakaoBank sets mid-to-long-term growth roadmap in motion on record quarterly results
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Finance
K-Bank posts 33.2 billion won Q1 net profit on corporate loan growth
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Finance
Kbank upgrades credit scoring model for sole proprietors, builds AI automation system
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Finance
FSC cuts rate requirements for mid-interest loans by up to 1.25 points, expands supply
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Finance
Shinhan Bank runs 100 percent exchange rate discount event for receiving trade remittances
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Finance
KakaoBank, Busan Bank sign joint SME loan agreement