More than 40 per cent of Hong Kong SMEs said they would prefer a grant scheme rather than a loan scheme to overcome Covid-19 related challenges. Photo: Nora Tam More than 40 per cent of Hong Kong SMEs said they would prefer a grant scheme rather than a loan scheme to overcome Covid-19 related challenges. Photo: Nora Tam
More than 40 per cent of Hong Kong SMEs said they would prefer a grant scheme rather than a loan scheme to overcome Covid-19 related challenges. Photo: Nora Tam

Hong Kong SMEs expect little relief from government’s HK$1 trillion Covid-19 funding support

  • Starting Monday, the Hong Kong government will guarantee 100 per cent of loans of up to HK$4 million made to SMEs
  • Personal guarantees by company directors, eligibility could limit impact

Topic |   Hong Kong Monetary Authority (HKMA)
More than 40 per cent of Hong Kong SMEs said they would prefer a grant scheme rather than a loan scheme to overcome Covid-19 related challenges. Photo: Nora Tam More than 40 per cent of Hong Kong SMEs said they would prefer a grant scheme rather than a loan scheme to overcome Covid-19 related challenges. Photo: Nora Tam
More than 40 per cent of Hong Kong SMEs said they would prefer a grant scheme rather than a loan scheme to overcome Covid-19 related challenges. Photo: Nora Tam
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