Customers who apply for SME Business Loan and/or 90% Guarantee Product through the Hang Seng Business Online Platform or Hang Seng Business e-Banking may receive “Approval-in-principle” in as fast as 10 seconds and may be eligible for the limited-time triple offers .
Customer who applies Overdraft Facility are eligible to enjoy 50% off monthly fee waivers(i).
(Quota for Winners: 33 in total)(ii):
- HKD30,000 KLOOK gift card (1 winner)
- HKD10,000 KLOOK gift card (4 winners)
- HKD1,000 KLOOK gift card (28 winners)
- Instalment Loan allows you to better plan your finances
- Repayment period of up to 60 months
- Choice of Principal Repayment Deferral1Footnote remark [1] in the first 3 months
- Top-up Loan allows you to re-borrow the repaid principal amount2Footnote remark [2], providing greater financial flexibility
- Overdraft Facility3Footnote remark [3] helps you meet unexpected financial needs
- No interest charged on unused limit
- Credit limit restored automatically with each repayment
Remarks:
- 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.
(Quota for Winners: 33 in total)(ii):
- HKD30,000 KLOOK gift card (1 winner)
- HKD10,000 KLOOK gift card (4 winners)
- HKD1,000 KLOOK gift card (28 winners)
Business Loan |
90% Guarantee Product |
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To get a speedy loan drawdown to facilitate business operation and expansion |
To get a government guaranteed loan with better interest rate |
Loan amount up to HKD2,000,000 |
A larger loan amount up to HKD8,000,000 |
Instalment loan repayment period of up to 60 months |
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Apply fully online and get the Approval-in-principle result in as fast as 10 seconds2Footnote remark [2] |
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Directly approved After approval by Hang Seng, subject to |
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Remarks:
- Hang Seng Bank Limited ("Hang Seng") reserves the right to request any further supporting documents / information.
- 10-seconds approval-in-principle approval service is only applicable to the online applications for Hang Seng SME Business Loan ("SME Business Loan") and 90% Guarantee Product under SME Financing Guarantee Scheme ("90% Guarantee Product") received by Hang Seng in 6:45am to 9pm from Mondays to Fridays, and from 6:45am to 6pm on Saturdays, Sundays and public holidays, and subject to the accuracy of information provided by customers, the devices and internet performance of customers, the availability and stability of the bank’s related systems and servers, as well as the credit reference agency’s services. Hang Seng reserves the right for providing the service. For the online applications without 10-seconds approval-in-principle approval results provided, the bank would contact the applicants in two working days. 10-seconds approval-in-principle approval result is generated according to the information provided by applicants in online application, the internal records of Hang Seng and credit information provided by credit reference agency. The 10-seconds approval-in-principle approval result is subject to the supporting documents provided by applicant and final review and approval by Hang Seng. Hang Seng reserves the right for approving a lesser amount of the 10-seconds approval-in-principle approval result or reject the application without giving any reason therefor.
- The digital ID verification and e-Sign service is subject to the devices and internet performance of customers, the availability and stability of the bank’s related systems and servers. Also, the applicant’s connected party(ies) has/ have to be physically located in Hong Kong when completing digital ID verification and e-Sign. Hang Seng reserves the right for providing the service.
Application Steps