All incubatees and tenants of HKSTP who successfully participated in the Innovation and Technology Commission's Research Talent Hub can apply for Hang Seng's "Inno Booster Loan". Uniquely designed to empower innotech companies,
this loan caters to all your business needs and desires!
Exclusive Privileges for HKSTP Ecosystem
- Enjoy a priority approval on HKD500,000 fixed loan
- Easy application without asset as collateral or financial reports required
- ZERO interest will be charged – just pay a one-off service charge of HKD22,000 in the form of an added loan instead
- 24 months repayment period
Hang Seng is primed to give I&T companies a boost whenever they need it. As your business grows and expands, our diverse range of loan products stands
ready to match your ever-evolving financial needs, so you can always be prepared for any emerging opportunities :
- Loan amount up to HKD2,000,000
- Installment repayment period of up to 60 months
- Guaranteed coverage of 80%, 90% and 100% of the credit facilities provided by the HKMC Insurance Limited
||80% Guarantee Product
||90% Guarantee Product
||Special 100% Loan Guarantee
|Maximum Facility Amount
|Maximum Guarantee Period
- For more information, please visit hangseng.com/sfgs_promo
- The total loan amount of the "Inno Booster Loan" is HKD522,000, including a fixed loan (HKD500,000) and a one-off service charge in the form of an added loan (HKD22,000). The Annualised Percentage Rate ("APR")
based on a 24-month tenor will be 4.25%. Annualised percentage rates are calculated using the Net Present Value Method in accordance with the Code of Banking Practice. The annualised percentage rates are reference rate
which include the basic interest rate and other fees and charges of a product expressed as an annualised rate (if applicable).
- The SME Financing Guarantee Scheme is provided by the HKMC Insurance Limited (“HKMCI”), a wholly-owned subsidiary of the Hong Kong Mortgage Corporation Limited (“HKMC”). A guarantee fee will be applied and is subject to the credit facility amount, bank interest rate and the guarantee coverage as determined by the HKMCI from time to time. Application of Special 100% Loan Guarantee are entitled to HKMCI’s full guarantee fee waiver. For details, please visit the website of the HKMC.
To borrow or not to borrow? Borrow only if you can repay!
Terms and Conditions