In need of a quick cash for business operation? BEA Enterprise Easy Fund Card Merchant Loan can help! It is an unsecured loan with card merchant payment data as the main credit assessment, making approval process quicker and easier!
Loan approval as fast as
in 3 days1
Loan amount up to HK$2 Million
Eligibility
Business using any card merchant service with transaction record for two or more years
Borrower with good repayment record
Must be a company which has business operations in Hong Kong for two or more years
No litigation or winding up record
Business Registration
Certificate and proof of
business operation
Major bank statements
within the last 6 months
Act now to enjoy new corporate customer offers!
Half waiver on Loan Arrangement Fee to save HK$7,500
50% Rebate on Online Outward Remittance transaction fee
Bonus CASA interest rate up to
2.88%p.a.3!
Talk with our Specialist!
To borrow or not to borrow? Borrow only if you can repay!
Remarks:
Terms and Conditions
- The Bank of East Asia, Limited (“BEA”, “we” or “us”) has the absolute right to approve or decline the Enterprise Easy Fund- Card Merchant Loan (the “Loan”) application.
- The maximum loan amount of HK$2,000,000 is only applicable for existing BEA merchant customer(s) with 2 years or more merchant business relationship in BEA. For BEA new merchant customer(s) with less than 2 years merchant business relationship in BEA, the maximum loan amount will be up to HK$1,000,000.
- Interest rates on the Loan shall vary from time to time at our discretion and, notwithstanding any other terms and conditions, you agree to pay to us forthwith on demand all outstanding principal, interest, other charges, and/or expenses in connection with the Loan. You agree to maintain adequate funds in the Designated Account pursuant to the requirement of the Loan to meet each monthly repayment as it falls due. We may, at our discretion, terminate the Loan, and the whole of the outstanding balance together with accrued interest, other charges and expenses shall immediately be due and payable in such circumstances as we may consider appropriate, including but not limited to the following:
- your failure to make monthly repayment on any payment due date; or
- your failure to abide by any of these Terms and Conditions.
- The amount of the last monthly repayment may not be equal to the amount of each of the previous monthly repayments and such amount of the last monthly repayment shall be the outstanding amount of the Loan.
- Your application for the Loan, either in writing, by telephone, via the Internet, or any other application channels as we may determine from time to time, will be deemed to represent your acceptance of the Terms and Conditions. We may (but shall not be obliged to) record all communications between you and us, including but not limited to all telephone conversations and instructions given by you to us, in writing and/or by tape recording and/or any other methods as we may determine from time to time. You hereby acknowledge and agree to our practice of recording relevant conversations. Our record of such communications and instructions given by you to us may be retained by us for such period as we deem appropriate. Our record shall be conclusive and binding on you.
- We reserve the right to review, modify, reduce, and/or cancel the Loan and demand immediate repayment of the outstanding balance and interest at any time. In any event, the Loan will be subject to our terms and conditions as prescribed by us from time to time at our discretion.
- We may take such action as we may at our discretion deem fit to enforce any of these Terms and Conditions including without limitation employing third party agencies to collect any sums owing to us. You agree to reimburse us for all costs and expenses reasonably incurred by us on a full indemnity basis with respect to any such enforcement action including all legal charges, expenses, and charges/fees to employ third party agencies. You also agree and authorise us to disclose all information relating to you and the Loan to third party agencies for the purpose of debt collection and other reasonable actions.
- The Terms and Conditions applicable to the Loan may vary from time to time whereupon we will notify you of any such variation in accordance with the relevant code of practice.
- Without prejudice to any other rights of and remedies to us herein or at law, all outstanding balances including principal, interest, other charges and expenses and other obligations and liabilities to us shall immediately be due and payable without further notice under the conditions below. We may, without notice to you, combine or consolidate the amount of the outstanding balance and/or interest accrued and other charges and expenses thereon with any other accounts that you maintain with us, (including but not limited to fixed deposit accounts, the maturity of which may for this purpose be accelerated by us) and set off or transfer any money standing to the credit of your other accounts in or towards satisfaction of your liability to us under the Loan:
- violation of any of these Terms and Conditions;
- any attachment, execution, or similar process is levied against you;
- if you appear to be unable to pay or have no reasonable prospect of being able to pay any debt;
- if you are petitioned bankruptcy / winding up
- the application by any person for the appointment of a receiver to take control of or for a writ of attachment against any of your property;
- your death or mental disability; or
- if in our determination you fail to comply with or settle your obligations and liabilities owing to us.
- You must notify us immediately in writing of any change to your personal information/ company information including but not limited to address, phone number(s), occupation, shareholding and company organization structure.
- No person other than You or Us will have any right under the Contracts (Rights of Third Parties) Ordinance (Cap. 623 of the Laws of Hong Kong) to enforce or enjoy the benefit of any of the provisions of these Terms and Conditions.
- These Terms and Conditions shall be governed by and construed in accordance with the law of Hong Kong. You submit to the non-exclusive jurisdiction of the Hong Kong courts but these Terms and Conditions may be enforced in the courts of any competent jurisdiction.
- We reserve the right to approve or decline any loan application and is not obligated to provide reasons for declined applications. We may determine the final approved loan amount for another repayment period at a different interest rate at its sole discretion.
- We reserve the right to vary or cancel this offer and/or amend or alter these Terms and Conditions at any time with appropriate notice. In the event of any dispute, the decision of BEA shall be final and conclusive.
- Should there be any discrepancy between the English and the Chinese versions of these Terms and Conditions, the English version shall apply and prevail.
No collateral required
e-Application Form 
Product Information Sheet 
Document Checklist 
