SME Financing Guarantee Scheme

Bank of China (Hong Kong), committed to providing continuous support to local SMEs, has joined the "SME Financing Guarantee Scheme" ("SFGS")1 launched by HKMC Insurance Limited("HKMCI"). We are pleased to offer flexible lending solution to meet your financing needs.


Latest Promotion

Please click here for latest promotion details.

Product Features

  80% Guarantee Product 90% Guarantee Product Special 100% Loan Guarantee
  • Enterprises must have business operations in Hong Kong. Including listed companies in Hong Kong  
  • Lending institutions and affiliates of the Lenders are not eligible
  • Business which mostly affected by the coronavirus outbreak
  • Business operations in Hong Kong. Not included: Listed company, carrying on the business of a lender or an affiliate of the Lender
Business Operation History Business has been in operation for at least 1 year
  • Not applicable
  • Business has been in operation for at least 3 months in Hong Kong as at end December 2019
  • Suffered at least a 30% decline in sales turnover in any month since February 2020 compared with the monthly average of any quarter
Loan Amount3 Up to HK$18 million Up to HK$8 million Total amount of wages and rents for 6 months, or HK$4 million, whichever is lower
Maximum Guarantee Period and Repayment Term Up to 7 years Up to 5 years Up to 3 years
Principal Moratorium Up to 6 months, can apply for renewal after the expiration. The Maximum Principal Moratorium is 12 months Up to 12 months Up to the first 12 months after the drawdown date
Loan Type4
  • Term Loan
  • Revolving Credit Facility5
Term Loan Term Loan
Guarantee Fee6 Subject to the announcement made by the HKMCI Waived
Guarantee Fee Rebate Up to HK$100,000 N/A
Overall Interest Rate Provide interest subsidy for the Facility, the interest subsidy is the Facility’s annual interest rate minus 2.75%, subject to a cap of 3%. Each eligible Facility is entitled to interest subsidy for 12 months at maximum in a one-year subsidy period Annual interest rate at 2.5% below the prime lending rate8 for Hong Kong Dollars of the HKMC
Special Offer Waive Application Fee and Account Opening Fee


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


Application Hotline +852 2105 8288


  1. For details of the "SME Financing Guarantee Scheme", please visit the website of The Hong Kong Mortgage Corporation Limited at or contact Bank of China (Hong Kong) Limited (the "Bank").
  2. For 80% guarantee product and 90% guarantee product: applications received by the HKMCI on or before 31 May 2021, eligibility criteria is relaxed to cover listed companies in Hong Kong subject to personal guarantee by individual shareholder(s) directly or indirectly holding more than 50% of the equity interest of the listed companies.
  3. The enhancement measures to the 80% and 90% Guarantee Products under the SME Financing Guarantee Scheme (SFGS) as included in the second round of the Anti-epidemic Fund announced by the Government in April 2020 takes immediate effect (29 May). For applications of the 80% and 90% Guarantee Products received by the HKMCI on or before 31 May 2021, the maximum facility amount per Enterprise is increased from HK$15million and HK$6 million to HK$18 million and HK$8 million respectively. Total loan amount is capped at HK$18 million for 80% guarantee product and 90% guarantee product, is subject to HKMCI announcements.
  4. The relevant loan and credit facility cannot be used for repaying, restructuring or repackaging other loans borrowed from the Bank or any third parties.
  5. "Revolving Credit Facility" includes revolving loan, overdraft and trade facilities.
  6. Guarantee Fee will be approved and determined by the HKMCI and is subject to the announcement made by the HKMCI.
  7. 2.75% is calculated at the Prime Rate of the HKMC (5.25% as at 29 May 2020, subject to adjustment from time to time) minus 2.5% and is subject to adjustment due to change of the Prime Rate of the HKMC.
  8. The Prime Rate of the HKMC (5.25% as at 29 May 2020, subject to adjustment from time to time).


The above products, services and promotional offers are subject to the relevant terms and conditions of the Bank. For more details, please contact the Bank's staff. The Bank reserves the right to amend, suspend or terminate the above products, services and offers, and amend their relevant terms and conditions at any time at its absolute discretion without prior notice. In case of any dispute, the decision of the Bank shall be final.

The Bank reserves the right to approve and reject the loan application at its absolute discretion. The actual loan amount, interest rate, handling fee and applicable terms and conditions are subject to the Bank's final approval.

In case of any discrepancy between the Chinese and English versions, the Chinese version shall prevail.