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Individual proprietors or owners of an incorporated business who have business establishments within the jurisdiction of one of the credit guarantee foundations.
¡Ø business owners with promising business prospects and good credit records. |
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 Guarantee for Bank Loans |
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Guarantee for liabilities that a company bears through borrowing money from financial institutions. |
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Guarantee for Payment Guarantees of Banks |
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Guarantee for payments that a company has to make to lending (financial) institutions. |
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Guarantee for Commercial Bills |
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Guarantee for payments, endorsements and acceptances of commercial bills, and guarantee for secured bills. |
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Guarantee for Leases |
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Guarantee for liabilities that a company bears through renting/leasing facilities from leasing companies. |
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Guarantee for Performance |
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Guarantee for solvency liabilities that accompany contracts (e.g. construction) between companies and the
Central government, local governments, or public organizations. |
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The maximum amount of a general credit guarantee for each firm is 400 million won. |
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1% of the outstanding guarantee volume (per annum). |
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