Convenient online application, visit consultation and early repayment services are provided with the ESOP Share Acquisition Loan.

ESOP Share Acquisition Loan

Enjoy our comprehensive service to support the process of acquiring ESOP shares from A to Z. There are no service fees or prepayment fees!

Product Details
Eligible Customers	ESOA members, ESOAs, relevant employer companies
Interest Rate	Benchmark rate : 91-day CDs, 6-month AAA-rated unsecured bank bonds, 1-year AAA-rated unsecured bank bonds, 2-year AAA-rated unsecured bank bonds, 3-year AAA-rated unsecured bank bonds Loan interest rate : Benchmark rate + Spread ± Interest Discount ※ You may choose between fixed or variable interest rate. For more detail, please contact our customer service.
Loan Limit	Up to the acquisition cost of ESOP shares (However, the loan limit may change according to whether or not the company is listed and the company's credit rating.)
Loan Period	ESOA members : up to 5 years (possible to extend by two years upon maturity) However, the extension may be limited to one year according to the company's credit rating and whether or not the company is held in joint liability. ESOA, employer company : up to 7 years.
Method of Repayment	Repayment in installments, repayment in free installments after a grace period, repayment upon maturity
Fees	There are no service or prepayment fees. However, the customer and KSFC each need to pay 50% of the stamp tax.
Collateral	Newly acquired ESOP shares
Collateral Ratio	100% or more

Through preferential allotments of ESOP shares during IPOs and secondary offerings
By receiving ESOP shares from major shareholders through the ESOA
By purchasing treasury stocks in the securities market through the ESOA
By purchasing treasury stocks using the cash donations from the employer company and others
By exercising ESOP stock options

1.We provide comprehensive financial services for ESOP-related affairs such as offering consulting services on the operation of ESOAs.
2.As they are long-term loans, there is no need for you to extend the loan period.
3.It is possible to make repayments by selling the ESOP shares submitted as collateral.
4.No service fees! No prepayment fees!
(However, the customer and KSFC must each pay 50% of the stamp tax.)

Loan application form, ESOP share acquisition loan agreement, request form & agreement for the transfer of share certificate, a copy of the minutes of the Board of Directors on the issuance of new shares, a copy of corporate registration, a copy of business registration, a registered corporate seal certificate, a copy of the ESOA member's identification card, agreement for the collection / use / provision of personal (credit) information of the ESOA member, copy of the current account of the underwriter, seal for transaction (seal of ESOA)