Apply Business Loan via LinkScreen service through our hotline to enjoy HKD300 Cash Coupon

Hang Seng truly understands SME clients’ financing need for cash flows management and business expansion. The Hang Seng Business Loan (“Business Loan”) is designed to empower your business with speed and agility in this rapid changing market, by bringing immediate financing solutions to you. To facilitate you can catch every opportunity to win on the fast track.

Apply Business Loan through the Hang Seng Business Online Application Platform or the LinkScreen service, your application can be done with ease, faster and more conveniently.

Successfully apply for the Business Loan on or before 31 March 2020 through Hang Seng Business Online Application Platform to enjoy the following privileges⁽ⁱ⁾:

50% off handling fee
for Instalment Loan

50% off monthly fee
or Overdraft Facility

Allow you to sign up and create profile online to fill in the online application form of Business Loan at any time via Hang Seng Business Online Application Platform
Upload the required documents to further speed up and streamline the application process
Loan amount of up to HKD2,000,000

No collateral or financial reports required ⁽¹⁾

Choice of 2 financing options: Instalment Loan⁽²⁾ or Overdraft Facility

1. Instalment Loan allows you to better plan your finances
1. Repayment period of up to 60 months
2. Choice of Principal Repayment Deferral⁽³⁾ in the first 3 months
3. Top-up Loan allows you to re-borrow the repaid principal amount⁽⁴⁾, providing greater financial flexibility

1. Overdraft Facility⁽⁵⁾ helps you meet unexpected financial needs
1. No interest charged on unused limit
2. Credit limit restored automatically with each repayment

Online Application

Application Hotline 2198 8022

Successfully apply for the Business Loan on or before 31 March 2020 via LinkScreen service through our hotline to enjoy the following privileges⁽ⁱ⁾:

50% off handling fee for Instalment Loan / 50% off monthly fee for Overdraft Facility and extra HKD300 Cash Coupons

With LinkScreen service, you can enjoy real-time navigation for Business Loan application by our dedicated customer service officers through our hotline and a shared screen on your tablet or desktop computer. Enjoy the experience of convenient and hassle free from form filling.
Loan amount of up to HKD2,000,000

No collateral or financial reports required ⁽¹⁾

Choice of 2 financing options: Instalment Loan⁽²⁾ or Overdraft Facility

1. Instalment Loan allows you to better plan your finances
1. Repayment period of up to 60 months
2. Choice of Principal Repayment Deferral⁽³⁾ in the first 3 months
3. Top-up Loan allows you to re-borrow the repaid principal amount⁽⁴⁾, providing greater financial flexibility

1. Overdraft Facility⁽⁵⁾ helps you meet unexpected financial needs
1. No interest charged on unused limit
2. Credit limit restored automatically with each repayment

Application or appointment of LinkScreen service, please call 2198 8022

To borrow or not to borrow? Borrow only if you can repay!

Notes:

Hang Seng Bank Limited ("Hang Seng") reserves the right to request any further supporting documents / information.
The monthly repayment amount is rounded up to 1 decimal point. The proportion of loan principal to interest in each monthly instalment amount is calculated according to the "Rule of 78".
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 if at least 6 monthly instalments including the principal and interest have been repaid. Such applications are subject to Hang Seng's usual credit assessment procedures.
Customers are required to 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.

Terms and conditions for the privileges:

(i)

The privileges are only applicable from now until 31 March 2020 (“Promotion Period”) to commercial customers applying Hang Seng Business Loan (“Business Loan”) through Hang Seng Business Online Application Platform or LinkScreen service via our hotline and on condition that the Business Loan Instalment Loan / Overdraft Facility has been successfully approved and drawn down / effective within 3 months from the date of application (“Eligible Customer”).

(ii)

Eligible Customer can enjoy 50% off instalment loan handling fee / overdraft facility monthly fee;

(a)

The handling fee of Instalment Loan will be charged by way of further finance. The prevailing handling fee of the Instalment Loan of Business Loan and the privileges under this invitation are shown as follows:

Tenor (months)	6-12	13-24	25-36	37-48	49-60
Prevailing handling fee charged on the original loan amount	0.5%	1.0%	1.5%	2.0%	2.5%
Privileged 50% off handling fee charged on the original loan amount	0.25%	0.5%	0.75%	1.0%	1.25%

(b)

The prevailing monthly fee of the Overdraft Facility of Business Loan is 0.2% on the Overdraft Facility Limit. Eligible Customer can enjoy privileged monthly fee of 0.1% on the Overdraft Facility Limit.

(iii)

During the Promotion Period, Eligible Customer’s application through the LinkScreen service via our hotline can enjoy extra HKD300 cash coupon (“Cash Coupon”). Each Eligible Customer can enjoy the Cash Coupon offer one time only.

(iv)

Hang Seng will send the Cash Coupon redemption letter to the Eligible Customer’s correspondence address according to the Bank’s record on or before 31 August 2020. Hang Seng reserves the right of validating Eligible Customer’s eligibility in receiving the Cash Coupon.

(v)

Hang Seng is not the supplier of the Cash Coupon and will therefore not assume any liability in relation to the Cash Coupon. Any matters with regards to the quality and availability of the product(s) and/or service(s) relating to the Cash Coupon will be solely responsible by the supplier of the Cash Coupon. Any disputes or complaints relating to the Cash Coupon shall be resolved directly between customers concerned and the supplier. For the details of how to use the Cash Coupon, please refer to the terms and conditions printed thereon. The above Cash Coupon cannot be redeemed for cash or exchanged for any other gift. If there is any damage or lost, the Cash Coupon will not be replaced.

General Terms and Conditions:

(vi)

No person other than the customer and Hang Seng (which includes its successors and assigns) will have any right under the Contracts (Rights of Third Parties) Ordinance to enforce or enjoy the benefit of any of the provision of these Terms and Conditions.

(vii)

These Terms and Conditions are governed by and will be construed in accordance with the laws of the Hong Kong Special Administrative Region.

(viii)

These Terms and Condition are subject to prevailing regulatory requirements.

(ix)

Hang Seng reserves the rights to suspend, alter or terminate the above offer and amend relevant terms and conditions at any time without prior notice. In case of any disputes, Hang Seng reserves the right of final decision.

In case of any discrepancy between the English and Chinese versions of the above content, the English version shall prevail.