Please visit the Application Terms & Conditions for Hang Seng Business Loan (“Business Loan”), and Hang Seng Bank Limited (“Hang Seng”) Notice to Customers and Other Individuals relating to the Personal Data (Privacy) Ordinance before application.

Generally, a customer can obtain the preliminary approval result for the Business Loan within 30 minutes if the application is made from Monday to Friday between 9am and 6pm (except public holidays) by calling 2198 8000. If a customer sends the completed and signed application form (if applicable) by fax to 2148 4261 within the above-mentioned hours, Hang Seng will contact the customer on the same working day to confirm the application and give the preliminary approval result within 30 minutes afterwards. If the customer applies for the Business Loan outside the above-mentioned hours, Hang Seng will contact the customer on the next working day to confirm the application and give the preliminary approval result within 30 minutes afterwards. The preliminary approval result will only be available if the customer can provide the relevant information and the identity of the customer can be verified. The preliminary approval result is subject to final approval and confirmation by Hang Seng. The final approved loan amount, interest rate, fees and charges and other terms and conditions are subject to the relevant loan documents being accepted and signed by the customer. Hang Seng reserves the right of final approval.

Hang Seng reserves the right to request further supporting documents.

The minimum loan amount is HKD100,000. Hang Seng will charge a Company Search Fee of HKD150 per search. On top of that, Hang Seng will charge a handling fee by way of further loan. Unless specified otherwise, the relevant handling fee will be 2% of the loan amount (or 1% of the amount of Top-up Loan Facility), subject to a minimum amount of HKD1,000.

The maximum tenor for Instalment Loan of HKD1,000,000 or below is 48 months.

Customers may choose to pay interest only and not to make any principal repayment in the first 3 months of the repayment period. Afterwards, customers shall repay the entire principal and pay interest in the remaining repayment period.

Customers may apply for the Top-up Loan to reborrow the repaid principal amount under the Instalment Loan of the Business Loan if at least one third of the total number of instalments has been repaid. Such applications are subject to Hang Seng's usual credit assessment procedures.

Customers must make a minimum payment of an amount equivalent to 10% of the total outstanding amount on or before the payment due date as shown in the relevant monthly statement. Unless specified otherwise, Hang Seng will also impose a monthly charge of 0.3% of the Business Overdraft Facility limit or HKD300 (whichever is higher).

Customers can enjoy the 3-year annual fee waiver and fabulous welcome privilege upon successful application for the Hang Seng Commercial Card. Please click here for details. The Priority Approval of Commercial Card and its welcome privilege are only applicable to customers who have successfully applied for and drawn down the Business Loan and signed the related application form. The provision of relevant privilege and final approved credit limit are subject to individual customer’s credit assessment result and Hang Seng may request further documents from the customer for approval purposes. Hang Seng reserves the right of final approval.

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Hang Seng reserves the right to revise the above terms and conditions at any time without prior notice. In case of any disputes, Hang Seng reserves the right of final decision.

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The English version of the above shall prevail whenever there is a discrepancy between the English and Chinese versions.