The Hong Kong government has made changes to its SME loan guarantee programme to help struggling firms. Photo: Bloomberg
Hong Kong government raises loan cap for SMEs, extends repayment period to help them cope with coronavirus crisis
- The maximum loan for SMEs has been doubled to 12 months of employee wages and rents
- The maximum repayment period of loans has been extended by two years
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Hong Kong economy
The Hong Kong government has made changes to its SME loan guarantee programme to help struggling firms. Photo: Bloomberg