The HKMC’s 90% SME guarantee ended on 31 March 2026 — but the 80% guarantee runs until 31 March 2028, and it has already helped over 25,000 businesses and about 400,000 employees.
Most SME owners hear “the 90% is gone” and assume government-backed lending is dead. It isn’t. The 80% scheme is still open, and there’s a hidden angle most banks won’t bring up: you can take it as a revolving loan.
A revolving loan is a reusable credit line. Borrow, repay, and the limit tops straight back up — no re-application, no fresh TU check. That’s perfect for any business with money moving in and out every week: a trader who repays after collecting, then borrows again to restock; a retailer who funds stock in peak season, pays down in off-season.
Banks don’t advertise it because a floating line costs more to manage than a one-off term loan. But for you, flexibility is the point.
When it fits you: continuous, repeating cash needs — restocking, payroll, suppliers. When it doesn’t: one-off purchases like machinery or a fit-out, where a simple term loan is cheaper and cleaner.
To get the best rate, don’t just walk in. Sort your last 6 months of bank statements, clean up your DSR and director TU, and target a bank that’s willing to do a revolving structure.
This is a summary of our detailed Chinese guide. Read the full guide in Chinese →