Whether you are looking to manage expenses or invest in your small business, a 5-year variable rate Term Loan with limited-time unique benefits can help move your business ahead. Offer expires April 30, 2021.
Important information about your Term Loan
Fees involved when applying for a Loan
How to apply
New to HSBC Small Business Banking?
Apply for a loan online using an activation code “Hero2021”.
HSBC Fusion: empowering your business and personal banking
Get more out of banking with HSBC Fusion. Manage your small business and personal accounts in one place, with one point of contact for all your banking needs. Plus, get extra services to help you thrive at work and at home.
Multiple ways to get you started
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Get up to 0.70%⁵ total interest rate on New Deposits
Earn a bonus interest rate on New Deposits to your HSBC Small Business High Rate Savings Account.
Small business owners
Explore a range of chequing and saving accounts, lending products and payment solutions to help your small business grow.
Issued by HSBC Bank Canada. For businesses in Canada.
* Subject to approved credit. The cashback bonus will be deposited into your Small Business Chequing Account within 45 business days after your loan is funded. If there is an early repayment of all or part of the loan before its maturity date, all or part of the cashback bonus will need to be repaid. See Terms and Conditions for more details.
2 To be eligible for HSBC Small Business Banking, your business must be a sole proprietorship, partnership or corporation domiciled in Canada and generate an annual gross revenue below $5 million CAD. Other requirements may apply.
4 The interest rate you pay on your loan will vary depending on fluctuations to HSBC’s Prime Rate. HSBC Prime rate means the annual rate of interest HSBC Bank Canada announces from time to time as a reference rate for determining interest rates on Canadian dollar retail loans in Canada. Rates are subject to change without notice. For information and to confirm most recent rates, please contact any HSBC branch. They can also be found online.
5 Terms and conditions apply.