New measures under SME Financing Guarantee Scheme
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The Chief Executive announced in "The Chief Executive's 2025 Policy Address" today (September 17) that the application period for the 80 per cent Guarantee Product under the SME Financing Guarantee Scheme (SFGS) will be extended for two years to the end of March 2028. The total loan guarantee commitment under the SFGS will be further increased by HK$20 billion to HK$310 billion, and the principal moratorium arrangement will be extended for one year.
The application period for principal moratorium arrangement, which is originally due for expiry on November 17, 2025, will be extended to November 17, 2026.
HKMC Insurance Limited will follow up with the participating lenders to implement the following arrangements:
(1) Eligible borrowing enterprises may apply to the participating lenders for a principal moratorium period of up to 12 months on or before November 17, 2025, and/or apply to the participating lenders for a principal moratorium period of up to 12 months between November 18, 2025 and November 17, 2026. This means that the principal moratorium period can be up to 24 months in total; and
(2) For loans newly drawn down on or after November 18, 2025, eligible borrowing enterprises may apply to the participating lenders on or before November 17, 2026 for a principal moratorium period of up to 12 months.
Borrowing enterprises can contact their participating lenders to inquire about specific arrangements starting from November 1, 2025.
Ends/Wednesday, September 17, 2025
Issued at HKT 16:01
Issued at HKT 16:01
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