sme financing guarantee scheme

SME Financing Guarantee Scheme

DBS Offers# are available for successful applicants of 80% and 90% Guarantee

SME Financing Guarantee Scheme

DBS Offers# are available for successful applicants of 80% and 90% Guarantee

SME Financing Guarantee Scheme

Launched by HKMC Insurance Limited (“HKMCI”), the scheme aims at helping local SMEs and non-listed enterprises to obtain financing for meeting business needs. 

80% & 90% Guarantee Promotion

From now until 31 March 2025, successful SFGS applicants of 80% and 90% Guarantee will be eligible for the following DBS offers#:

  • Waive up to 100% loan set-up fee 
  • Waive up to 100% account opening fee for new customer
  • Cash Rebate of Guarantee Fee (“Cash Rebate”)
    • SFGS 90%: Up to 100% Cash Rebate
    • SFGS 80%: Up to HK$50,000 Cash Rebate

Notes on applying for the SME Financing Guarantee Scheme

•    All credit applications under SME Financing Guarantee Scheme are subject to the HKMCI's approval. Please refer to www.hkmc.com.hk for the terms and conditions set out by the HKMCI.

•    The Borrower must not have any outstanding default as defined by the Scheme.

•    Shall not be carrying on the business of a lender or otherwise providing funds available for borrowing in any way.

•    For more information on SME Financing Guarantee Scheme, please refer to HKMCI website.

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# This Promotion Offer applicable to 80% and 90% Loan Guarantee under SME Financing Scheme only and is subject to the relevant Terms and Conditions. Please refer to the Terms and Conditions for details.

How to Apply

Simply call DBS SME Loan Hotline at 2290 8123 or visit our SME Banking Centres, to find out more!

Apply loan with SFGS 80% & 90%


The Bank reserves the final decision on application approval. 

FAQs
What can I use the loan for?

The loan may only be used for:

  • general working capital for business operations
  • acquiring equipment or assets in relation to your business
  • refinancing facilities guaranteed under the Special Loan Guarantee Scheme of the Trade and Industry Department of the Hong Kong SAR Government upon expiry of the guarantee
What is the interest rate?

SMEs enjoy competitive interest rates that are determined based on their business profile and financial records
Do you charge any fees?

Yes. Fees that will be charged include:

  • Arrangement fee when the loan is approved.
  • As this scheme is offered by the HKMC Insurance Limited, there will be a guarantee fee levied by them
What can I do if my loan application is not accepted? Is there a process to review the decision?

If you have any questions or need to discuss the result of your loan application, please contact our "SME Credit Approval Review Hotline" at 2290 8050 or email to smereview@dbs.com

 

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

 

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