Support for SMEs

To help local SMEs and non-listed enterprises obtain financing from the participating lenders for meeting their business needs so as to enhance their productivity and competitiveness in the rapidly changing business environment.

80% Guarantee Product

• Maximum funding facility: HKD18,000,000
• Maximum guarantee period: 10 years
• Repayment term: The non-revolving Facility shall be repaid by instalments and be fully amortised by the end of the Guarantee Period, and the period between each repayment of principal should not exceed three months. Notwithstanding the foregoing, the Lender may allow the Borrower, upon the Borrower's application, to pay interest only in the first six months from the Starting Date of the Facility, and to repay principal and pay interest by instalments over the remaining tenor of the Facility thereafter. The Guarantee Period will not be extended due to Borrower's payment of interest only.

90% Guarantee Product

• Maximum funding facility: HKD8,000,000
• Maximum guarantee period: 8 years
• Repayment term: The Facility shall be repaid by instalments and be fully amortised by the end of the Guarantee Period, and the period between each repayment of principal should not exceed three months. Notwithstanding the foregoing, the Lender may allow the Borrower, upon the Borrower's application, to pay interest only in the first twelve months from the Starting Date of the Facility, and to repay principal and pay interest by instalments over the remaining tenor of the Facility thereafter. The Guarantee Period will not be extended due to Borrower's payment of interest only.

Special 100% Loan Guarantee

• Maximum funding facility: HKD9,000,000
• Maximum guarantee period: 10 years
• Repayment term: The Facility shall be repaid by monthly instalments and be fully amortised by the end of the Guarantee Period. Notwithstanding the foregoing, the Lender may allow the Borrower, upon the Borrower's application, to pay interest only in the first twelve months from the Starting Date of the Facility, and to repay principal and pay interest by instalments over the remaining tenor of the Facility thereafter. The Guarantee Period will not be extended due to Borrower's payment of interest only.

Remarks: There are also 50%, 60% and 70% guarantee products.

80% Guarantee Product

• Non-listed Hong Kong registered company
• Borrower's business must have been in operation for at least 1 year in Hong Kong as at the date of submission of the relevant Application Form

90% Guarantee Product

• Non-listed Hong Kong registered company or professionals seeking to set up own practices
• No requirements on business operation history

Special 100% Loan Guarantee

• Non-listed Hong Kong registered company
• Borrowers must have been in operation for at least 3 months in Hong Kong as at 31 March 2022
• Borrowers must have suffered at least a 30% decline in sales turnover in any month since February 2020 ("Affected Period") compared with the monthly average of any preceding quarter from January 2019 to March 2022 ("Reference Period") provided that the Affected Period must not be earlier than the Reference Period

• SME Financing Guarantee Scheme is open for application all year round. The application period for the Special 100% Loan Guarantee was ended on 31 March 2024.
• Applicants (including the existing Borrowers submitting top-up applications) shall contact participating lenders to apply for the loan or credit facility. The Lenders will use their professional expertise, judgement and care in conducting customer due diligence, reviewing each application, and verifying the eligibility of each loan applicant before submitting the guarantee applications and relevant supporting documents to the HKMC Insurance Limited for review and approval.