Saechulbal Fund

[2026-03-03]South Korea’s SaeChulBal Fund Expands Debt Relief and Recovery Support for Small Businesses

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The SaeChulBal Fund provides debt relief and recovery support for small business owners and self-employed individuals in Korea.
Recent policy changes include expanded eligibility, increased incentives for early and diligent repayment, and broader program connections.
As of early 2026, new measures are being implemented, with significant increases in applications and agreements.

[2026-02-28]South Korea Strengthens Debt Relief Incentives for Small Business Owners in 2024

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South Korea is enhancing the Saechulbal Fund to reduce debt burdens for small business owners and self-employed individuals.
New incentives for early and diligent repayment, expanded eligibility for payment deferral, and broader regional support are introduced.
These changes are being implemented in 2024 following a policy review by the Financial Services Commission.