HD HYUNDAI SAMHO is building a dream, with first-class shipbuilding and marine products that meet the needs of the 21st century.
Network Loan Concluded
HSHI concluded Network Loan with Industrial Bank of Korea to support subcontractor’s financial difficulties and competitiveness.
Network Loan is a special purpose loan that based on delivery results, Industrial Bank of Korea finances the excellent subcontractors which are recommended by HSHI and the subcontractors refund the loan through delivery money.
HSHI issues a letter of recommendation to the subcontractors with good business results and the subcontractors can apply for a loan of one sixths of annual delivery money at maximum.
In this regard, subcontractors can stably run their business without the burden of financing and security and cut down financial cost thanks to low loan interest.