How is the annual guarantee fee of the 80% Guarantee Product of the SME Financing Guarantee Scheme charged?
80% Guarantee Product of the SME Financing Guarantee Scheme:The maximum annual guarantee fee is 0.45% of the loan or credit limit (if applicable) .
Borrowing companies can pay the guarantee fee on an annual basis, while term loans can choose to pay the guarantee fee in advance in one lump sum. The one-time guarantee fee paid in advance can also be financed through related loans. Enterprises can use the scheme’s guarantee fee calculator (SME Financing Guarantee Fee Calculator (hkmc. com. hk)) on the Hong Kong Mortgage Corporation’s website (www. hkmc. com. hk) to get a preliminary understanding of the guarantee fee for reference, and contact the program's lender for details.
Can this answer address your question?
YesNo
Questions related to "ZME $18M Loan" Questions related to
How do I apply for a ZME $18 M Loan?When is the application period for the 80% Guarantee Product of the SME Financing Guarantee Scheme?How long does it take to approve the 80% Guarantee Product under the SME Financing Guarantee Scheme?How do I check the repayment plan after disbursing funds under the 80% Guarantee Product of the SME Financing Guarantee Scheme?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?
If you need further assistance，feel free to online chat with us
- Apple is a trademark of Apple Inc., registered in the U.S.and other countries. App Store is a service mark of Apple Inc.
- Google Play™ is a Trademark of Google LLC.
