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Prime -1.00%¹ on our new Business Lines of Credit²

Limited-time offer. Call us at 1.833.722.4722 or visit us in a branch. Find a Branch Find a Branch This link will open in a new window

Business Line of Credit

Get the cash your business needs through a competitive rate of Prime -1.00%  on a new Business Line of Credit.

What you need to know

  • For new Business Lines of Credit only
  • Applications must be submitted between May 7, 2018 to August 31, 2018

 

 

How to apply?

Call 1.833.722.4722

Offer is only available for Retail Business Banking customers. For new Business Lines of Credit only.

The promotional interest rate applicable to your Business Line of Credit will be the HSBC Prime Rate -1.00% until December 31, 2018 and is for applications received between May 7, 2018 and August 31, 2018.  After December 31, 2018, the interest rate will increase to the standard rate confirmed at the time your Business Line of Credit is opened. Standard interest rates on Business Lines of Credit range from Prime plus 1.75% to Prime plus 8.00%, depending on creditworthiness and collateral. As of March 22, 2018, the HSBC Prime Rate is 4.75%, and the range of interest rates on Business Lines of Credit is from 6.50% to 12.75%. The HSBC Prime Rate is the rate publicly announced by HSBC Bank USA, N.A. as its Prime Rate and is subject to change.    

2 The Line of Credit is subject to credit approval, your continued creditworthiness and compliance with terms, conditions of the product offering. 

Small Business Administration (SBA) lines of credit are not eligible.

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