If I have used an 80% Guarantee Product under the SME Financing Guarantee Scheme from another bank, can I apply for an 80% Guarantee Product under the SME Financing Guarantee Scheme again at ZA Bank?
According to the 80% Guarantee Product provisions of the SME Financing Guarantee Scheme, the maximum borrowing limit for the applicant company can borrow is HK$18 million.
The Bank currently stipulates that for the 80% Guarantee Product, the total maximum loan limit is HK$18 million. However, the final loan limit must be obtained after the Bank formally reviews and approves the application.
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