SME Loan Solutions
Swifter loan approvals with big data for fund flexibility to support business growth
CCB Lend supports small and medium-sized trading enterprises with a more convenient loan solution offering swift loan approvals by using big data. Customers can apply anytime online with simple financial data required to help business leverage on better cash flow flexibility to seize opportunities and realise business goals!
Product features
Only basic information needs to be provided with simple financial data required
No collateral required
No collateral required
Supports 80% or 90% of credit guarantee products under the “SME Financing Guarantee Scheme”
(Guaranteed by the Hong Kong Mortgage Corporation Limited)
(Guaranteed by the Hong Kong Mortgage Corporation Limited)
Loan amount up to HK$5,000,000
Loan repayment period up to 5 years
*Overview of 80% and 90% of credit guarantee products:
| 80% Guarantee Product | 90% Guarantee Product | |
| Application Period | to 30 June 2023 | |
| Facility Type | Term loan | |
| Maximum Guarantee Period | 5 years | |
| Maximum Loan Amount | HKD5,000,000 | |
| Repayment Term | May pay interest only in the first 6 months after the Starting Date of the Facility | May pay interest only in the first 12 months after the Starting Date of the Facility |
| Entity & Operation Requirement | A company, sole proprietorship, partnership or unincorporated body of persons that registered in Hong Kong with business operation. Borrower must be a trading company who is incorporated or registered in Hong Kong with import and export records for at least 3 years as at the date of submission of the relevant Application Form. | |
| Personal Guarantee | A person (who is an individual) or a group of persons (who are individuals) who, directly or indirectly, hold(s) or is/are beneficially entitled to more than 50% of the issued share capital or equity interest of the Borrower shall enter into an irrevocable, unconditional and legally binding guarantee in favour of the Lender in relation to the relevant Facility (if more than one person, on a joint and several basis). | |
Note:
- For details of the "SME Financing Guarantee Scheme", please visit the website of the Hong Kong Mortgage Corporation Limited (“HKMC”) at www.hkmc.com.hk or contact China Construction Bank (Asia) Corporation Limited (CCBA).
- All applications for a “CCB Lend” are subject to the applicable terms and conditions which will be set out in the application form and general agreement to customer(s). Please refer to these documents for details.
- The Bank reserves the right to approve and reject the loan application at its absolute discretion.
The Scheme is provided by the HKMC Insurance Limited aiming to help local small and medium-sized enterprises and non-listed enterprises obtain financing for meeting their business needs so as to enhance their productivity and competitiveness in the rapidly changing business environment.
Product Features
| 80% Guarantee Product | 90% Guarantee Product | Special 100% Loan Guarantee2 | |
|---|---|---|---|
| Application Period | From 31 May 2012 to 30 June 2023 |
From 16 December 2019 to 30 June 2023 |
From 20 April 2020 to 30 June 2023 |
| Facility Type | • Term loan • Revolving Loan |
Term loan | Term loan |
| Maximum Guarantee Period | 7 years | 5 years | 10 years |
| Maximum Loan Amount | HK$18,000,000 | HK$8,000,000 | HK$9,000,000 OR The total amount of wages and rents for 27 months payable by the Borrower (whichever is the lower)3 |
| Highest Annual Guarantee Fee Rates | 0.45% |
|
Not applicable |
| Repayment Term | May pay interest only in the first 6 months after the Starting Date of the Facility | May pay interest only in the first 12 months after the Starting Date of the Facility | May pay interest only up to the first 12 months after the date of Drawdown |
Eligible Enterprises
| 80% Guarantee Product | 90% Guarantee Product | Special 100% Loan Guarantee2 | |
|---|---|---|---|
| Entity Requirement | a company, sole proprietorship, partnership or unincorporated body of persons that registered in Hong Kong with business operation | ||
| Operation Requirement | Must have business operation in Hong Kong for at least 12 months as at the date of submission | Not applicable | Must have business operation in Hong Kong for at least 3 months as at 31 March 2022 |
| Personal Guarantee Requirement | A person (who is an individual) or a group of persons (who are individuals) who, directly or indirectly, hold(s) or is/are beneficially entitled to more than 50% of the issued share capital or equity interest of the Borrower | ||
| Other Requirement | Not applicable | Not applicable |
|
For more details about the scheme, please click here.
Remarks:
- The “SME Financing Guarantee Scheme” is provided by The HKMC Insurance Limited, a wholly-owned subsidiary of the Hong Kong Mortgage Corporation Limited.
- Multiple applications under the Special 100% Loan Guarantee from the same enterprise shall be submitted to the same Lender.
- For Borrower that does not have both payment of wages and rents, proxy is made to 50% of the highest monthly net income before tax during the period of January 2019 to March 2022 multiplied by 27.
Enquiry hotline: 2903 8366
To borrow or not to borrow? Borrow only if you can repay!