HSBC Malta’s Maxicredit proposition has been enhanced to offer greater funding opportunities for small business owners needing a business loan of up to €100,000. Maxicredit loans now enable borrowers to spread repayment over the asset’s normal 10-year lifetime, though in certain cases this can be extended to 25 years.
Maxicredit provides customers with the opportunity to unlock their home’s value, which in most cases would also be their biggest investment. Maxicredit allows property owners to tap this equity and use it as security for a medium or long term loan.
The current Maxicredit variable rate is 4.75 per cent. Customers also have the option of fixing the interest rate on their Maxicredit loan for two, three or five years.
For more details visit HSBC Malta’s website www.hsbc.com.mt, call customer service on 2380 2380, or visit any one of HSBC Malta’s branches.