The Malta Business Weekly

HSBC Malta provides new tools for businesses looking to grow

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HSBC Malta has launched the Guide to Business Borrowing section within its website http://www.business.hsbc.com.mt/ offering essential informatio­n for business customers looking to grow their business.

Whether one is a start-up or an already establishe­d business venture, getting access to the right type of finance can be crucial if one wants to grow, invest and create jobs. To help business make an informed decision, the Guide to Business Borrowing outlines some of the different types of solutions on offer, along with how to apply and what other support is available.

The Guide is complete with a step by step guide on how to write a Business Plan and build a Cash Flow Forecast as well as a comprehens­ive FAQs section in Maltese and English.

The business Loan Calculator provides a representa­tive example of monthly payments once the loan amount and credit term are entered.

HSBC Malta’s business banking website is popular among business- es for its world-class expert opinions and insight reports. In addition to the new tools and features, the website also offers a one-stop customer documentat­ion centre as well as informatio­n on the latest domestic and European financial laws.

“For business owners, time is money. Their banking experience needs to be simple and convenient,” said Gordon Scicluna, Country head of Business Banking, HSBC Malta. “With these new features, business owners can obtain first-hand informatio­n on what banks require to start a relationsh­ip. The online informatio­n provides the necessary tools and tips for customers who require finance to grow their business”.

The HSBC Malta’s business banking service is ideal for companies with sales turnover greater than €1m per annum. More informatio­n can be had by visiting http://www.business.hsbc.com.mt / or by calling on 2380 8000.

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