On 6 December 2019, the Finance Committee approached the launch of a new item, “90% Guarantee Product”, under the “SME Financing Guarantee Scheme (SFGS)”. Each eligible enterprise can obtain a guarantee for term loans up to HK$6 million, with a maximum guarantee period of five years. The application period will last until 30 June 2022.

There will be a further announcement on the commencement date of receiving applications. For enquiries, please call the SFGS Hotline at 2536 0392.

For detail, please see:
“90% Guarantee Product of SME Financing Guarantee Scheme”
https://www.info.gov.hk/gia/general/201912/06/P2019120600697.htm?fontSize=1

Website of The HKMC Insurance Limited
http://www.hkmc.com.hk/eng/our_business/sme_financing_guarantee_scheme.html