Hello,
consider to get a (unsecured) business loan under a million HKD for my Ltd .
Only need the capital to (bridge)finance finished manufactured goods til the shipment date.
HSBC gave me a hefty quote with 0.75%/month.
Anyone compared loan offers recently?
Comes the alternate option to take a private loan + a insurance against default of the customer with lower costs than an unsecured business loan?
Are there other options like finetrading, factoring?
The costs of HSBC looked pretty high to me.
Looking forward to your answers!
Have a good day.