DEEP ANALYSIS
Evaluated on 'Future Growth Potential' Rather Than Collateral... Credit Evaluation Model Specialized for Small Business Owners Implemented in Earnest
At a chicken specialty restaurant in Seoul, employees divide the tasks of frying and packaging while continuing operations. [Photo = Korea Business Review DB] Financial accessibility for such small dining industry workers is expected to increase due to improvements in small business credit evaluations. Mr. A, a self-employed person in his 40s who runs a chicken restaurant, is currently unable to cross the threshold of bank loans despite a steady increase in delivery app orders.
At a chicken specialty restaurant in Seoul, employees divide the tasks of frying and packaging while continuing operations. [Photo = Korea Business Review DB] Financial accessibility for such small dining industry workers is expected to increase due to improvements in small business credit evaluations. Mr.…
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