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. With the Business Loan, you can catch every opportunity to win on the fast track.

With the launch of the Business Loan application service at the Hang Seng Business Online Application Platform, your application can be done online quickly and easily.

Allow you to sign up and create profile online to fill in the online application form of Business Loan at any time
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

Successfully apply for the Business Loan on or before 31 December 2019 through Hang Seng Business Online Application Platform to exclusively enjoy the following privileges⁽ⁱ⁾：

and

50% off of handling fee
for Instalment Loan

50% off of monthly fee
for Overdraft Facility

Act Now！

Online Application

Call us

Application Hotline 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 December 2019 (“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 HKD500 cash coupon (“Cash Coupon”) and 50% off of instalment loan handling fee / overdraft facility monthly fee. Each Eligible Customer can only enjoy the Cash Coupon one time during the Promotion Period.

(iii)

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%

(iv)

The prevailing monthly fee of the Overdraft Facility of Business Loan is 0.2% on the limit. Customers who successfully applied for the Overdraft Facility through this invitation can enjoy privileged monthly fee of 0.1% on the Limit.

(v)

Hang Seng will notify Eligible Customer of the delivery arrangement of Cash Coupon on or before 31 May 2020. Hang Seng reserves the right of validating Eligible Customer’s eligibility in receiving the Cash Coupon.

(vi)

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:

(vii)

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.

(viii)

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

(ix)

These Terms and Condition are subject to prevailing regulatory requirements.

(x)

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.

Empowering Your Business Online Hang Seng Business Loan is now fully digitalized

Call us

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

Empowering Your
Business Online
Hang Seng Business
Loan is now fully
digitalized