HSBC

HSBC – Business Loans
image of HSBC
image of HSBC

About – HSBC

HSBC is part of the world’s largest banking and financial organizations. We are committed to providing affordable, transparent and relevant financial services that make a real difference in the lives of those who do not have easy access to financial services.

An international company with local roots

With a track record of over 60 million satisfied customers, our references speak volumes for the business and financing we accomplish within the economy in Europe, Asia-Pacific, the Americas, the Middle East and Africa.

Our vision for HSBC's business solutions 

To become a sustainable and well known household name that offers consistent, professional, accessible, timely and relevant financial services to small businesses and the formally employed.

In achieving its vision, it is important for HSBC to:

  • Be financially sustainable while still providing financial services to our clients that are fairly priced and in line with banking industry norms.
  • Build trust and focus on realistic needs, service excellence, professionalism and customer care beyond expectations.
  • Offer financial products for businesses and services to our client base that are simple to understand, we have transparent pricing, that is accessible and relevant and that foster economic development in the country.
  • We focus on building a culture of respect, transparency, honesty, and integrity in all that we do.

Our worldwide connections enable us to offer our customers a truly global perspective built upon local knowledge and expertise in this industry. Our presence in financial sustainability is a positive and reassuring factor in growing your business needs, financially giving you peace of mind!

Services – HSBC

HSBC offers a range of loan items to suit business owner's needs and circumstances. Whether you're looking for a £1,000 working capital loan, up to £25,000 to purchase a business or need a bigger add up to buy a commercial building or substantial supplies, there's a great chance we have the ideal loan item for you.

A loan that changes as your business grows 

 

The interest rate and reimbursements vary for the life of the loan. Whether you are another start-up or a current business, HSBC offers loaning answers for entrepreneurial businesses to support in building and saving by giving financing to facilitate acquisitions, extensions, working capital and start-ups. 

A finance solution for both long and short term projects 

Our customer focused methodology guarantees brief consideration regarding your financing needs both short-term and long haul. Whether you are investigating a short-term line of credit or long term loan, we will help you investigate your financial circumstance then work with you to choose a loan structure that best fits your business plan.

We consider the facts - not your personal circumstances 

Most businesses are financed by personal savings or investment funds when they start-up. Just a couple can draw in outside funding.

HSBC arrangements are greatly uncommon. Approval will rely upon collateral and assurances, not on business arrangements or personal credit scores and capacities. This ensures that we offer a fair and impartial business lending service to all customers. 


Summary of Services

  • Online Debt Consolidation Loan
  • Quick Personal Loans
  • Small Business Loans
  • Car Loans
  • Credit Card


Apply for a Business Loan at HSBC

HSBC’s business loan offerings are varied in that there is a business financing option to suit every individual and business. We make a point of helping you understand the different finance options and business loans available to you so that you can make the right decision for your business. We offer small business loans of between £1,000 and £25,000 that can be used for a variety of purposes including working capital and expansion or refurbishment purposes. Our small business loans carry an annual interest rate (AIR) from 5.9% which is then combined with our arrangement fee of £100 to give you the Annual Percentage Rate.

Small business loans that ensure a regular cash flow

When taking out a small business loan with HSBC you can rest assured that your cash flow will be protected from the sometimes disastrous impact that expansion and financing can have. With a fixed interest rate and fixed monthly repayments you’ll know what to expect throughout the entire life span of the business loan. We also offer a three month repayment holiday and interest can be offset against tax liabilities. Our business loan term starts at twelve months and goes up to ten years – so you can rest assured that you’ll have affordable monthly repayments that, as mentioned, remain fixed over the entire loan term.

Are you eligible for a loan with HSBC?

You do not have to have a current account with HSBC to apply for a small business loan. Once you’re ready to go ahead and begin the application process you can visit our website and complete an online loan application. If you’re registered for online banking, visit your nearest branch to apply in person or telephonically. We will review your credit score and require credit references when reviewing your business loan application, so it’s essential that you obtain a copy of your credit report before making an application. Start-up businesses will be required to provide a business plan with cash flow projections while existing businesses will have to provide historical financial and management data. In addition, we will require supporting documentation and information to adequately evaluate your business and its financial status.

Contact Details

2 Buchanan Street
Glasgow
Scotland
United Kingdom

Phone: 0800 587 0644 / 0800 032 1770

Email: scotland.cbc@hsbc.com
Other Email: kyleboag@hsbc.com

Opening Hours