Business Loan - Unsecured

• Loan may be used to finance the purchase / upgrade / refurbishment of business premises, for the purchase of equipment, machinery and motor vehicles to be used for business purposes
• Interest rates are fixed. Therefore, the repayments will not fluctuate during the term of the loan.
• You will not pay any fees or additional interest if you repay your loan early

• Minimum – €2,000, Maximum – €30,000¹
• Fixed interest rates starting from 6% per annum
• Loan repayments can be spread over a minimum period of 6 months to a maximum period of 7 years²
• A processing fee of 0.3% of loan amount is applicable, minimum €40 is applicable
• You will not pay any fees or additional interest if you repay your loan early

¹Loan amount will depend on income, affordability and other criteria.

²Other conditions may apply.

The Annual Percentage Rate (APR) on a Business Loan of €10,000, repayable over 5 years at a fixed borrowing rate of 6% per annum, and subject to a processing fee of €40, will be 6.4%.

The loan will be repayable in 59 equal monthly instalments of €193.74 and one final instalment of €194.84.

The total amount paid after 5 years will be €11,665.50.

The maximum amount you may borrow is subject to your financial status, and to further approval by your branch. Terms and conditions may apply.

The Annual Percentage Rate (APR) on an unsecured Business Loan of €12,000, repayable over 7 years at a fixed borrowing rate of 6.5% per annum, and subject to a processing fee of €40, will be 6.9%.

The loan will be repayable in 83 equal monthly instalments of €178.74 and one final instalment of €181.23.

The total amount paid after 7 years will be €15,056.65

The maximum amount you may borrow is subject to your financial status, and to further approval by your branch. Terms and conditions apply.

Sole Traders\Unregistered Partnerships

• You must be residing and paying income tax in Malta
• Aged 18 years or over

Registered partnerships\Companies

• Registered in Malta
• Paying income\corporate tax in Malta
• Other eligibility criteria may apply

Sole Traders\Partnerships

• Identity Card
• Evidence of income – Income tax returns together with Profit & Loss Accounts for the past two years

Companies

• Audited accounts for the past two years

We may also ask for other documentation, depending on the circumstances.

Prior to granting you a loan, an assessment on your financial position shall be performed by your business specialist.

Sales turnover is to be routed through an HSBC account from which loan repayments will be effected.

We are pleased to discuss the HSBC Fusion service in person at one of our branches. Simply click the below button and provide us with your details to arrange an appointment.