New measures extended under SME Financing Guarantee Scheme, including extended application periods and increased loan guarantees.
This article was generated using SAMS, an AI technology by Timothy Loh LLP.
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The application period for the 80% Guarantee Product under the SME Financing Guarantee Scheme ("SFGS") has been extended to 31 March 2028, with the total loan guarantee commitment increased by HK$20 billion to HK$310 billion. Additionally, the principal moratorium arrangement has been extended by one year.
The principal moratorium arrangement, originally set to expire on 17 November 2025, has been extended to 17 November 2026. HKMC Insurance Limited, in coordination with participating lenders, will implement the following arrangements:
- Eligible borrowing enterprises may apply for an extended principal moratorium period of up to 12 months by 17 November 2025 or extend their existing moratorium up to 24 months by applying between 18 November 2025 and 17 November 2026.
- For new loans drawn down on or after 18 November 2025, eligible enterprises may apply for a principal moratorium period of up to 12 months by 17 November 2026.
Inquiries about specific arrangements can be directed to the respective participating lenders, starting from 1 November 2025.
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