Special 100% Loan Guarantee beneath the SME Financing Guarantee Scheme
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Special 100% Loan Guarantee beneath the SME Financing Guarantee Scheme
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(Provider Hour: Mon-Fri 9am-6pm)
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We have been dedicated to standing alongside you in this hard time. That’s why we have been making complete utilization of our electronic abilities and branch that is extensive to provide the maximum amount of help that you can for the application to your Unique 100% Loan Guarantee beneath the SME Financing Guarantee Scheme. This brand brand brand brand new funding solution, introduced by HKMC Insurance Limited (HKMCI), is designed to assist SMEs relieve a number of the anxiety of having to pay wages and lease in this tough running environment.
What exactly is this loan?
Term loan center as much as HK$5,000,000 1 |
payment duration as much as 5 years |
Fixed monthly instalment quantity |
rate of interest 2.75% p.a. 2 |
NO guarantee cost 3 |
Optional moratorium that is principal |
Who is able to use?
businesses operating and registered in Hong Kong 4 |
organizations with a legitimate business enrollment certification |
perhaps Not a detailed business, loan company or perhaps the lender’s affiliates |
organizations with at the least 30% decrease in product sales return since February 2020 5 |
Simple tips to use
You have got two choices to make an application for the 100% Guarantee Loan.
choice 1 – Apply via the portal that is onlinethe device is undergoing maitenance, please always always always always check right back later on.)
- Step one: Please access the 100% Guarantee Loan on line Application Portal.
- Step two: finish all of the panels where in fact the portal will prompt the documents that are supporting centered on your input.
- Step 3: Upload the documents that are supporting take note that one may just upload PDF or Excel files.
- Step four: Submit the application
- Action 5: Upon doing the online application, the portal will pre-populate the 100% Guarantee application for the loan form and additional papers. Please download most of the documents. Should you not download these files, you won’t have the ability to recover them later on and you will be necessary to complete the internet application again.
- Action 6: Please printing, deliver and sign all completed types above into the below pointed out Document Collection Points or deliver by post to “Business Loans Team†at 8/F, Tower 3, HSBC Centre, 1 Sham Mong path, Kowloon, Hong Kong. Application will simply be prepared whenever all supporting documents and signed forms have now been received.
- Action 7: Please make sure your bank recorded communication details are up-to-date – application outcome are going to be notified by email or post.
choice 2 – Apply making use of the form application that is smart
Step one: Please down load and complete all of the forms* that is below and save your self all of the types in your neighborhood drive.
Relevant portion of equity interest for Personal Guarantee requirement under the 100% Guarantee Loans was paid down from minimal >70% to >50% as established by HKMCI on 29May2020 with immediate impact.
Step three: Submit all of the finished kinds (5 sets of type in total) along with relevant supporting papers to the below pointed out Document Collection Points or deliver by post to “Business Loans Team†at 8/F, Tower 3, HSBC Centre, 1 Sham Mong path, Kowloon, Hong Kong. Application is only going to be prepared online payday loans Derbyshire whenever all documents that are supporting signed forms have already been received.
You certainly will be given something generated e-mail confirmation upon our receipt of the application. For further enquiry, please e-mail telemarketingcmb@hsbc.com.hk.
Application outcome will be notified by post. Please make sure your bank recorded communication address is up-to-date.
* Ensure that you have got Adobe Acrobat Reader variation 9.0 or above. To get the many version that is recent please visit www.adobe.com.
Submit an application for Principal Moratorium and / or Loan Tenor Extension (current clients just)
- Step one: Please down load and finish the under kind, and save yourself the proper execution in your neighborhood drive.
Step two: Submit the finished kind into the below pointed out Document Collection Points or deliver by post to “Business Loans Team†at 8/F, Tower 3, HSBC Centre, 1 Sham Mong path, Kowloon, Hong Kong. Application is only going to be prepared whenever finalized kinds have already been gotten.
Application outcome will be notified by post. Please make fully sure your bank recorded communication target is up-to-date.