From now until 30 June 2022, successful SFGS applicants of 80% and 90% Guarantee will be eligible for the following DBS offers#:
- Waive up to 100% loan set-up fee
- Waive up to 100% account opening fee for new customer
- Cash Rebate of Guarantee Fee (“Cash Rebate”)
- SFGS 90%: Up to 100% Cash Rebate
- SFGS 80%: Up to HK$50,000 Cash Rebate
*All credit applications under SME Financing Guarantee Scheme are subject to the HKMCI's approval. Please refer to www.hkmc.com.hk for the terms and conditions set out by the HKMCI.
1 No winding up or bankruptcy petition or proceedings on the loan applicant (and personal guarantors), or outstanding default of more than 60 days.
2 Shall not be carrying on the business of a lender or otherwise providing funds available for borrowing in any way.
3 If an enterprise does not have either employee(s) or rented office(s), proxy is made to 50% of the highest monthly net income in 2019.
4 For more information on HKMCI Prime Lending Rate please refer to www.hkmc.com.hk for more information.
5 Please refer to HMCI press announcement (www.hkmc.com.hk ) on 2 September 2020 for more details
# This Promotion Offer applicable to 80% and 90% Loan Guarantee under SME Financing Scheme only and is subject to the relevant Terms and Conditions. Please refer to the Terms and Conditions for details.
What is the interest rate?
SMEs enjoy competitive interest rates that are determined based on their business profile and financial records
To borrow or not to borrow? Borrow only if you can repay!