SME Financing Guarantee Scheme

Launched by HKMC Insurance Limited (“HKMCI”), the scheme aims at helping local SMEs and non-listed enterprises to obtain financing for meeting business needs. 

FAQs
What can I use the loan for?

The loan may only be used for:

  • general working capital for business operations
  • acquiring equipment or assets in relation to your business
  • refinancing facilities guaranteed under the Special Loan Guarantee Scheme of the Trade and Industry Department of the Hong Kong SAR Government upon expiry of the guarantee
What is the interest rate?

SMEs enjoy competitive interest rates that are determined based on their business profile and financial records
Do you charge any fees?

Yes. Fees that will be charged include:

  • Arrangement fee when the loan is approved.
  • As this scheme is offered by the HKMC Insurance Limited, there will be a guarantee fee levied by them
What can I do if my loan application is not accepted? Is there a process to review the decision?

If you have any questions or need to discuss the result of your loan application, please contact our "SME Credit Approval Review Hotline" at 2290 8050 or email to [email protected]

 

To borrow or not to borrow? Borrow only if you can repay!