Please be aware the product will be available until 30 November 2026, after which no new applications will be accepted. Existing ‘in-flight’ applications will still be honoured.
If you have any queries, please contact your Relationship Manager or see our other sustainability propositions.
Today we finance a number of industries that significantly contribute to greenhouse gas emissions. We have a strategy to help our customers to reduce their emissions and to reduce our own. For more information visit https://www.hsbc.com/who-we-are/our-climate-strategy
The 1% cashback may be available to customers at drawdown who can evidence that at least of 90% of their term loan will be used for an eligible activity as outlined in the list below.
The cashback payment is calculated as 1% of the total facility limit.
Lending is subject to credit status.
Loans start from £25,001 with a maximum potential loan value of £300,000.
Products available through the reward include: Commercial Business Loan, Growth Guarantee Scheme Loan, Flexible Business Loan, Commercial Mortgage, Property Development Loan (please contact us for further information)
Asset Finance including: “Hire Purchase, Finance Lease and Asset Lease
90% of the loan proceeds must be applied in alignment to one of the categories as outlined in the list below.
The 1% cashback does not have to be used towards an eligible purpose.
Eligibility criteria and T & Cs apply
You will need to provide evidence to demonstrate the intended use of proceeds of the financing. Evidence may be submitted in multiple documents.
Acceptable evidence:
Some activities may require additional evidence requirements. These will be highlighted within the activity detail or shared with yourself directly.
All evidence is subject to approval by HSBC, and we reserve the right to ask for further / different evidence to support your Go Greener SME Reward application or change the evidence requirements
Can’t find your activity/project in the list below?
To find out if your activity/project is eligible speak to your Relationship Manager or contact us using the details below.
If you are eligible for a cashback payment, it will be in an amount equal to 1% of the eligible facility limit
Here are some examples of how the cashback payment calculation will work. Please note: if 90% of the loan is not applied towards eligible purposes then no cashback is payable.
A self-employed electrician working in London would like to borrow £30,000 to purchase an electric van. This will enable them to drive an efficient vehicle and reduce costs through congestion charge areas and ultra-low emission charges. They would like to use the HSBC UK Go Greener SME Reward to access the cashback. As more than 90% of the loan will be used for eligible activity and the customer provides purchase order as evidence, the cashback of £300 will be paid on drawdown.
A company looking to retrofit solar panels to production facilities to support the generation of renewable electricity will cost £10,000 and upgrading vehicles to fully electric will cost £120,000. Total approved loan £130,000. As at least 90% of the loan was used for eligible purposes they will receive a cashback payment on the total facility limit which equates to £1,300.
Please speak to your Relationship Manager or if you’re new to HSBC, you can call us now on 03457 606060.
Our Business Telephone Banking lines are open Monday to Friday, 8:00am to 8:00pm and Saturday, 8:00am to 2:00pm (subject to change over certain periods). To help us continually improve our service, and in the interests of security, we may monitor and/or record your conversation with us. For other accessible ways to contact us, please visit: business.hsbc.uk/accessibility.
