Empowering Your Business Online. Hang Seng Business Loan Is Now Fully Digitalized!

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, your application can be done with ease, faster and more conveniently.

Application Offer

Successfully apply for the Business Loan from 1 July - 31 December 2021 through Hang Seng Business Online Application Platform to enjoy the following privileges:

50% off handling fee
for Instalment Loan

50% off monthly fee
for Overdraft Facility

Features of Application for Business Loan

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 Footnote remark [1]

Choice of 2 financing options: Instalment LoanFootnote remark [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 DeferralFootnote remark [3] in the first 3 months
3. Top-up Loan allows you to re-borrow the repaid principal amountFootnote remark [4], providing greater financial flexibility

1. Overdraft FacilityFootnote remark [5] helps you meet unexpected financial needs
1. No interest charged on unused limit
2. Credit limit restored automatically with each repayment

Online Application

Enquiry: 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 1 July 2021 to 31 December 2021, both dates inclusive (“Promotion Period”) to commercial customers applying Hang Seng Business Loan (“Business Loan”) through Hang Seng Business Online Application Platform 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.

General Terms and Conditions:

(iii)

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.

(iv)

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

(v)

These Terms and Condition are subject to prevailing regulatory requirements.

(vi)

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.

50% off handling fee
for Instalment Loan

50% off monthly fee
for Overdraft Facility

Enquiry: 2198 8022

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

50% off handling fee for Instalment Loan

50% off monthly fee for Overdraft Facility

Enquiry: 2198 8022

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

50% off handling fee
for Instalment Loan

50% off monthly fee
for Overdraft Facility