Woori Bank has added a real estate-backed product to its non-face-to-face Woori Boss Loan lineup for sole proprietors. Applications are handled through the Woori WON Banking corporate app, with loans capped at 1 billion won. Eligible collateral now includes apartments, low-rise multi-unit housing, officetels (studio units used as homes or offices), commercial buildings and neighborhood retail units. Sole proprietors meeting the bank’s credit standards can apply using property owned solely or jointly in their name. The bank said the service is intended to reduce branch visits and let customers focus more on their businesses.