Eligibility Criteria
- No minimum turnover required to apply
- No requirement to have a Relationship Manager
- Available in GBP only
- Cannot support Property/Land development or purchases. Also cannot support the refinance of existing lending which was used to purchase property and/or land
- No requirement to open or maintain an HSBC Business Current Account unless a Debenture is required
- Customers can apply for cash back from the Green SME Cashback Fund, if the loan supports an eligible purpose
- Lending is subject to credit status
Fees
- Arrangement fee – 1.5 per cent of total loan value i.e. £100,000 loan equals £1,500 fee
- Security fees – may be payable in order to take security
*1 Deferring capital repayments will increase the total interest charged and therefore the total amount payable over the full term of the loan. Following a capital repayment holiday, your repayments will be higher to ensure your loan will be repaid by the end of the term.
