Next Generation Trade

HSBC and HK JEBN jointly participate in a pilot digital trade financing programme by leveraging customer payment data to facilitate a faster and simpler financing from the bank.

Click the ‘Download the story’ button to see how the digital trade financing supports HK JEBN to access funds faster from HSBC.

HSBC and HKTVmall jointly launch an innovative digital trade financing programme that leverages commercial data for credit assessment and loan drawdown, making loans more accessible for the growing community of online merchants in Hong Kong.

Under this programme, HSBC will evaluate loan applications based on HKTVmall’s diversified commercial data such as turnover, types of goods and sales performance trend information. Available to eligible HKTVmall merchants by phases, the programme will offer trade facility of up to USD500,000 with 90-day loan tenor without requiring further financial statement and provision of collateral.

What you can enjoy from this programme:

Preferential rates for different loan amounts

90-day loan tenor for each drawdown*

No financials or collaterals is required for facility size less than or equal to USD500K

Use of digital data to replace conventional trading documents

Financing service anytime with ease 

*The facility is subject to annual review

HSBC has joined forces with Cainiao Network, Alibaba Group’s smart logistics platform, to offer an innovative digital trade finance solution for online merchants. The new scheme will use real-time logistics information for credit assessment, making loans more accessible and matching the fast-changing needs of new economy enterprises. TMall global merchants are benefited from the integration of Supply Chain Finance and Receivables Finance.

Watch the video and see how Cainiao and Hong Kong merchant on TMall Global think about this innovative trade finance programme.