SME Financing Guarantee Scheme
CMB Wing Lung Bank is taking a proactive role to support SME Financing Guarantee Scheme launched by Hong Kong Mortgage Corporation Limited in Jan 2011. The Scheme aims to help small and medium-sized enterprises and non-listed enterprises business needs so as to enhance their productivity and competitiveness in the rapidly changing business environment.
Key features of SME Financing Guarantee Scheme:
- Both Non-revolving and Revolving credit facilities are available
- The maximum amount of credit facility is HK$12 Million per enterprise
- The credit facility must be used for providing general working capital for the enterprise's business operations, or acquisition of equipment or assets in relation to the enterprise's business
- The Hong Kong Mortgage Corporation will provide a guarantee amount of 80% of the facility amount
- The maximum guarantee period is 5 years
Please contact us at (852) 2826 8307 during office hours or by fax at (852) 2801 5624 , or simply click here to fill in the form. Our representative will contact you as soon as possible.
To borrow or not to borrow? Borrow only if you can repay!