Yellow Umbrella Visit Service Helps Small Business Owners Who Cannot Visit Banks

The Korea Federation of SMEs announced on the 12th that it is launching the “Yellow Umbrella Visiting Consultation Service” for small businesses and merchants who find it difficult to visit a bank. Through the service, applicants can request support on the Yellow Umbrella website, after which a staff member visits them, provides consultation, and helps complete enrollment in one process. Yellow Umbrella is a mutual aid program designed to support the livelihood stability and business recovery of small firms and merchants. In some cases, joining previously required a bank visit. The new visiting service is expected to improve access for business owners who struggle to make time because they are running their shops or workplaces. The federation plans to strengthen on-site convenience by linking application, consultation, and enrollment. Source: mk.co.kr