Table order specialist T-Order (CEO Seong-taek Kwon) announced that it signed a business agreement with the Small and Medium Business Administration (SBA) for the 'SME Joint Growth Network Loan' at its headquarters in Yeouido, Seoul on the 9th.
This agreement is to support Tiorder's cooperative partners in securing stable operating funds and jointly promote the creation of a healthy food service supply chain.
The 'Co-growth Network Theory' is a program that provides financial support in conjunction with the Small and Medium Business Administration so that partners can preemptively secure necessary funds even during the payment collection period. Through this, partners are expected to reduce the burden of on-site operations and enable smooth delivery and service provision.
According to the agreement, Tiorder recommends network loan target partners to SMEs and supports the operation of the system by providing order details and related data. SMEs will review the recommended companies and go through procedures such as credit rating and accounting data analysis to decide whether to approve the loan.
Kwon Seong-taek, CEO of Tioder, said, “This agreement will be the first step in creating an ecosystem that grows together with our partners,” and added, “We will fulfill our responsibility to ensure that our partners can trade stably without financial issues.”
Jung Jin-gong, the regional innovation director, said, “We will actively support our partners in the restaurant and franchise industries to operate their businesses without financial difficulties by cooperating with Tiorder, a leader in digital innovation.”
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