Government-Assisted Schemes

SME Financing Guarantee

Advance your working capital for your SME

Empower your business expansion plans with the SME Financing Guarantee scheme offered by the Hong Kong Mortgage Corporate Limited.  It can improve your cash flow by financing your purchase of assets and offering extra working capital to facilitate your day-to-day business operations. You may borrow up to HKD 12 million and enjoy the flexibility of taking up a term loan and a revolving credit facility at the same time.

 

Why choose DBS SME Financing Guarantee?

  • Access funds of up to HKD 12 million with up to five years to repay the loan
  • Choose from term loans and revolving credit facilities
  • Manage your finances easily with IDEAL™, our online banking platform

FAQs

How do I know if I am eligible for the SME Financing Guarantee scheme?

Your company’s operations must be based in Hong Kong and be registered in Hong Kong under the Business Registration Ordinance (Chapter 310). Your company should also be in operation for at least one year with a good financial record.

Listed companies, lending institutions and affiliates of lenders are not eligible for the scheme. To know if you are eligible, please call us at 2290 8068 and we’ll arrange for a relationship manager to speak with you.

Are there any restrictions to how the loan can be used?

The loans must be used for providing general working capital for your business operations, or acquisition of equipment or assets in relation to your business. The loans can also be used for refinancing of facilities that are guaranteed under the Special Loan Guarantee Scheme offered by the Hong Kong Government through the Trade and Industry Department upon expiry of the guarantee.

What is the interest rate?

We offer competitive interest rates for SMEs. The interest rate will be determined based on the assessment of your business profile and financial records.

Do you charge any fees?

Yes, there is an arrangement fee when the loan is approved. As this scheme is offered by the Hong Kong Mortgage Corporate Limited, there will be a guarantee fee levied by them.

 

How do I apply?

Simply call DBS Business Care at 2290 8068 or visit our Enterprise Banking Centres, SME Banking or designated DBS Branches and our Relationship Manager will be glad to assist you.

 

Personal Information Collection (PIC)

DBS Bank (Hong Kong) Limited safeguards your data in accordance with applicable Hong Kong laws.

We only use the data we collect in accordance with our Data Policy which explains the data collection purposes, the persons to whom we may transfer data, your data access and correction rights and how you may contact our Data Protection Officer.

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