Flexible capital management is essential for businesses to seize new opportunities, and a more efficient and cost effective cross-border financing service will enable businesses in the Greater Bay Area for opening up to more opportunities in the region and beyond.
Flexible allocation of credit limit within Guangdong-Hong Kong-Macao in as fast as one day#
The HSBC GBA Credit Connect allows the GBA business entities to allocate HSBC pre-approved credit limits flexibly among such entities. Businesses are not required to submit an application for additional credit limit adjustment, while you can allocate the existing credit limits within the GBA in as fast as one business day#, thus meeting the seamless cross-border financing needs of GBA businesses and provide an ‘one bank experience’ to our valuable customers.
Services and Benefits of HSBC GBA Business Credit Connect
Allocate credit limits with flexibility
Business can allocate their HSBC pre-approved credit limits within its GBA business.
Simple application process
Businesses are not required to submit applications and sign documents for additional credit limit adjustment. Cross-border credits can be applied within the pre-approved credit limit.
Swift cross-border credit limit allocation within the group
GBA cross-border credit limit transfer can be made within as fast as one business day#
Lower cost for financing
Business can better manage their financing costs in light of different benchmark rates across various markets.