Chiyu Bank, committed to providing continuous support to local SMEs, has joined the "SME Financing Guarantee Scheme" (SFGS)1 launched by The Hong Kong Mortgage Corporation Limited on 1 January 2011. We are pleased to offer flexible lending solution to meet your financing needs and facilitate your business growth.
Loan Type | "Term Loan" and "Revolving Credit Facility"2 are available |
Loan Amount | Maximum loan amount of up to HK$18,000,000 |
Loan Purpose | To finance the expenses of business operation, the purchase of assets (excluding personal residential property) or operating equipments / machines3 |
Loan Guarantee Amount | The Hong Kong Mortgage Corporation Limited will provide loan guarantee of up to 80% |
Guarantee Fee4 | The highest Guarantee Fee is 0.45% p.a. of the loan amount |
Eligibility5 | Non-listed companies with substantial business operating in Hong Kong for at least one year |
Repayment Period | Up to 7 years |
Preferential interest rate and handling fee |
Application Hotline: (852) 2232 3360
Remarks:
The above products, services and promotional offers are subject to the relevant terms and conditions of the Bank. For more details, please contact the Bank's staff. The Bank reserves the right to amend, suspend or terminate the above products, services and offers, and amend their relevant terms and conditions at any time at its absolute discretion without prior notice. In case of any dispute, the decision of the Bank shall be final.
The Bank reserves the right to approve and reject the loan application at its absolute discretion. The actual loan amount, interest rate, handling fee and applicable terms and conditions are subject to the Bank's final approval.
In case of any discrepancy between the Chinese and English versions of this promotional material, the Chinese version shall prevail.
To borrow or not to borrow? Borrow only if you can repay!