Facilities and Financing

What is it?

Cash, cash, cash… That’s what it takes in a growing business! Everything eats up your cash: increase in prices of raw materials, salaries, utility bills…you name it! HSBC is right here ready to assist in easing your cash flow requirements.

We provide tailor-made solutions for your finance requirements, whether long term or short term. Our support is not restricted to Mauritius but spans across the globe. We seek to meet your international banking needs by tapping on our worldwide network across the globe.

Know more

• Benefits and Features
• Eligibility
• Documents Required

• Dedicated Relationship Manager
• Tailor-made solutions
• Short term and Long term finance
• Local currency and foreign currency finance
• Structured finance
• Competitive interest rates
• First-class service level
• Effective monitoring and control through our internet banking platform HSBCNet

Working Capital Finance - find out more
Loans - find out more
Treasury Products - find out more


Working Capital Finance

Overdraft

The overdraft facility allows you to overdraw on your current account up to an agreed limit. It is used to meet recurrent expenses (e.g., to pay your utility bills). An overdraft provides flexibility given that you can at any time deposit money into your current account to reduce the outstanding balance or you can draw out money whenever you need it as long as you do not exceed your approved limit. The overdraft has the advantage of being self-liquidating by the normal turnover of the account.

Overdraft facilities provide short-term funding to assist you in your working capital requirements

• Pay interest only on what you utilise - interest is calculated on the daily outstanding balance

Short Term Credit Facility

HSBC offers a range of services for meeting your working capital requirements in relation to your import and export businesses. For more details, please visit our Global Trade and Receivables Finances page.

Loans

HSBC offers term loans at variable rates of interest. We recommend term loans for funding longer term investments and capital expenditure.

At HSBC, we offer you the right specialist skills to provide you with simple solutions to your complex problems. Our relationship managers will guide you across to:

• Finance capital expenditure using medium or long term loans
• Flexible repayment schedules to match the cash flow of your business
• Matching the income generation streams of your assets over the term of the loan
• Competitive interest rates and pricing
• Choosing term loans either in local currency or in foreign currency to meet your needs

Treasury Products

Treasury Products are principally used to hedge against foreign exchange risk (and interest rate risk). Your business has receipts in FCY but your payments are in local currency or your receipts and expenses are in different currencies, we offer you the solution to manage your foreign currency risk.

• Sophisticated products proposed by our Treasury Department
• Managing your foreign currency risk/interest rate risk
• A choice of major currencies
• Choice of tenors for which rates can be locked in
• Expert advice from our Treasury Department

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• You are a locally incorporated business
• You are a soletrader

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• Projected cash flow/ Profit and Loss / Balance Sheet
• Past year(s) audited accounts /financial statements
• Business Plan/Project Plan

For more information, please contact

Mr Dean LAM
Head of Corporate Banking
6th Floor, HSBC Centre
18 Cybercity
Ebene
Tel: (230) 403 8340
Fax: (230) 403 8300
Mobile: (230) 422 5619
Email: dean.lam@hsbc.co.mu

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