HSBC claims it can now decide loan facilities below Lm 25,000 within 60 minutes. The offer is part of the HSBC Bank Business Solutions (HBBS) package targeted at small-
and medium-sized enterprises (SMEs).
The new facilities were launched during a press conference attended by representatives from the Chamber of Small and Medium Enterprises (GRTU) and Malta Enterprise, both of whom were consulted by HSBC management before it drew up the
new schemes.
Among the highlights, the bank is introducing a Flexible Business Loan that it is anticipated will help entrepreneurs stabilise their cash-flow, setting a repayment scheme that suits their requirements. The Commercial Property Loan is aimed at financing business premises, also identified as a common load on cash flow.
