SME CREDIT COMPANY LIMITED lends to small and mid-sized businesses from Wong Chuk Hang. Before you borrow from us, find out whether you qualify for the government-backed guarantee scheme — it runs through banks, it costs less than we do, and a great many Hong Kong SMEs are eligible without knowing it.
Cheapest option first, us last. Not the usual sales sequence
Who we are
SME CREDIT COMPANY LIMITED is a non-bank business lender at SouthMark on Yip Hing Street, Wong Chuk Hang. We are not a bank — we take no deposits and hold no accounts — and we lend only to businesses, never to consumers.
Wong Chuk Hang is a useful place to do this work. The old factory floors on this side of the island now hold design studios, galleries, small manufacturers, workshops and food operators. These are the companies that a scorecard reads badly: project-based income, lumpy invoicing, and a growth curve that does not resemble the last three years of accounts.
Hong Kong has around 360,000 SMEs, and the vast majority of them will never be a priority file at a large bank. That does not make them bad credit. It makes them small — and it means the questions worth asking are about the order book and the payment terms rather than about the balance sheet alone.
Most small companies do not have a credit problem. They have a timing problem that a credit model cannot see.
Companies and sole proprietors, never consumers
Among the businesses we lend to
Effective rate and total repayable before you sign
Including to the schemes and banks we compete with
Our facilities
What suits depends on what the money is for and what brings it back. These are the shapes we see most in this market.
Rent, payroll and stock through the stretch when outgoings arrive ahead of receipts — the ordinary rhythm of a small company.
Advancing against invoices issued to creditworthy customers. Where the only real issue is payment terms, this fixes it directly.
Machinery, kitchen lines, studio and production equipment — assets that expand what a business can take on and earn from day one.
Converting a floor, moving to a larger unit, or building out a studio — expenditure that lands months before it produces any revenue.
Funding orders and shipments for trading companies, where goods must be paid for well before a customer settles.
Short-term funding while a longer facility, a grant, or a confirmed payment completes — with the exit defined at the outset, not later.
Cheaper first
Hong Kong operates an SME Financing Guarantee Scheme, administered by HKMC Insurance Limited, a subsidiary of the Hong Kong Mortgage Corporation. Under it, the government guarantees a large share of an eligible company's borrowing — guarantee products cover 80% and 90% — which lets participating banks lend on terms they otherwise would not offer.
The application period for the 80% product was extended in the 2025 Policy Address, alongside a further extension of the principal moratorium arrangement. The scheme runs through banks and other authorised institutions. We are not one, cannot offer it, and would still rather you checked it before speaking to us.
Relationship managers do not always raise it unprompted
It covers local SMEs and non-listed enterprises across sectors
It is a real cost, and generally still far below non-bank pricing
Scheme applications take time. Some opportunities do not wait
How it works
What the funding is for, what brings it back, and by when you need it.
Order book, customers and payment terms — read by people, not only by a score.
Amount, effective rate, schedule, total repayable and any security required.
Funds released, with a contact who is still reachable next year.
Client feedback
The first thing they asked was whether I had approached my bank about the government guarantee scheme. I hadn't, and nobody at the bank had mentioned it. I got the facility there instead, at a fraction of what this would have cost me.
We had a shipment to pay for in eleven days and the bank's process needed six weeks. That is exactly the gap this kind of lender exists for, and the terms were on paper at the first meeting rather than at the last.
They went through our pricing and showed that our largest contract had not been repriced in four years while our costs had. Borrowing would have funded the loss. We renegotiated the contract and financed equipment later instead.
FAQ
Get in touch
Come to us directly — there is no fee to ask, and no intermediary should ever charge you to reach a lender. If a cheaper route is open to you, that is the first thing you will hear.