HSBC Business Loan
- Business loans up to £25,000
- Low-interest starting from 7.1%
- Repayment up to 10 years
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[Accessed May 17, 2023]
About HSBC
HSBC is part of the world’s largest banking and financial organizations.
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 is 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.
HSBC Services
HSBC offers a range of loan items to suit the 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 current business, HSBC offers 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 loan or a 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.
HSBC – Business loan
- Loan Type Business loans
- Interest Rate from 7.1%
- Loan Amount up to £25,000
- Repayment 12 months to 10 years
Benefits of HSBC
- Get a quick loan decision
- Fast access to funds
- Make overpayments with no extra charge
Business loan calculator
Apply for a business loan at HSBC they are reliable and flexible
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 7.1% which is then combined with our arrangement fee of £100 to give you the Annual Percentage Rate.
We consider the facts - not your personal circumstances
Most businesses are financed by personal savings or investment funds when they startup. 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.
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.
Customer Reviews & Testimonials
HSBC Contact
Contact Number
Website
Physical Address
- 2 Buchanan Street Glasgow Scotland G1 3LB United Kingdom
- Get Directions
Opening Hours
- Monday 09:00 – 17:00
- Tuesday 09:30 – 17:00
- Wednesday 09:00 – 17:00
- Thursday 09:00 – 17:00
- Friday 09:00 – 17:00
- Saturday 09:00 – 17:00
- Sunday – Closed