Loans and Finances

Raising finance for your business can require as much attention as running your business.

When you turn to one source for all your financing needs, you'll save time and money and enjoy financing that is targeted to your needs.

With HSBC you'll get the right financing for your business, when and how you need it. We'll help you with financing for seasonality, growth, cash management, consolidation, international and domestic market expansion, acquisitions, receivables and any other financing that will help your business thrive.

The following options are available:

Overdrafts

An overdraft can be a cost-effective way of getting extra cash for short-term requirements. Borrow money as and when you need it

• A convenient way to fund working capital
• Quick and easy to set up
• Pay interest only on the amount you utilize

Short Term Loans

These can be made to ease working capital requirements for up to 180 days.

Bills Discounting

These give customers to allowing short-term working capital finance by discounting or Promissory Notes.

Tender Bonds (Bid Bonds)

Tender bonds substantiate the financial standing of tendering parties and deter unsuitable tenderers.

Performance Bonds

When principals are successful in their tenders for contracts, they will usually be required to provide Performance Bonds, often based on a percentage of the value of the contracts.

Advance Payment Guarantees

Contracts sometimes include provisions which allow principals to receive advance payments from beneficiaries for purposes such as mobilising plants and equipment.

For further information please E-mail us or contact Salem Faraj on +962 6 5518090 (Ext. 307) or Yousef Ensour on +962 6 5518090 (Ext. 358).