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| Hang Seng’s Green Financing Scheme - Features |
| 1. |
Equipment financing: 100% financing on eligible equipment financing projects (1). The maximum loan amount is HKD1,000,000. (2,3) |
| 2. |
Top-up financing: up to an aggregate loan amount of HKD1,000,000 (including the equipment financing loan), providing extra funds for you to finance additional equipment acquisitions, service charges, working capital and trade finance needs.(2,3,4) |
| 3. |
Equipment financing: Privileged interest rates for eligible projects of as low as 4.8% p.a. flat. (4) |
| 4. |
Hang Seng will donate HK$1 per HKD1,000 loan amount to a green fund administered by the HKPC for environmental protection activities (subject to a maximum of HKD5,000 per customer).(5) |
| 5. |
Permanent annual fee waiver for Hang Seng Commercial Credit Card. (6) |
| 6. |
Premium discount on general insurance products. |
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| For enquiries, please call our 24-hour Business Partner Direct on 2198 8000 to contact our Customer Service Representatives. |
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| Notes: |
| (1) |
Customers must contact the Hong Kong Productivity Council (HKPC) direct for conducting a technical assessment on the equipment project before each loan application. HKPC will assess the project on its relevance to energy efficiency and pollution reduction. Hang Seng Bank Limited (“the Bank”) will assess the application upon the receipt of all the required documents (including the HKPC’s assessment report). The Bank reserves the right of final loan approval.
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| (2) |
Subject to a maximum loan amount of HKD1,000,000. The Bank will also charge a Company Search Fee of HKD150 per search and an administration fee of HK$3,000. |
| (3) |
The Bank will charge a handling fee by way of further loan, which is not more than 2% of the approved loan amount, subject to a minimum amount of HKD1,000. |
| (4) |
Equipment financing: Annualised Percentage Rate (APR) is 6.79% (based on a loan amount of HKD100,000 and a loan tenor of 12 months including a handling fee of 2%. The final interest rate for both equipment financing or top-up financing will be subject to individual customers’ credit assessment result. |
| (5) |
Beneficiaries of the fund: Friends of the Earth (HK), Green Power and The Conservancy Association and WWF Hong Kong. |
| (6) |
This offer is applicable to customers who have successfully applied for and drawn down Hang Seng Green Financing Scheme loan. The offer and final approved credit limit are subject to individual customers’ credit assessment result. |
| (7). |
The Bank reserves the right to change this offer and the related terms and conditions without prior notice. In case of disputes, the decision of the Bank shall be final. |
| (8) |
If there is any discrepancy between the English and Chinese versions of these terms and conditions, the English version shall prevail. |
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