HSBC is one of the world’s largest banking and financial service organisations. Founded in 1865 to finance trade between Asia and the West, HSBC has grown to become a global banking powerhouse with more than 38 million customers. According to the bank, its purpose is to “enable businesses to thrive and economies to prosper, helping people fulfil their hopes and dreams and realise their ambitions.
HSBC is one of the world’s largest and most dynamic financial service providers. In terms of secured loans however, there are limited options available for the everyday customer. HSBC has a specialist lending team, which considers all applications by way of merit, along with the credit history and financial status of the applicant.
Outside these specialist lending services, HSBC offers secured loans exclusively to existing homeowners looking to borrow funds on the value of their property. Features and characteristics of which include:
Secured loans at HSBC are therefore somewhat limited compared to the bank’s more specialist lending services. There are also no specific loan products available for those looking to access larger sums as promptly as possible.
Donkey Finance is proud to offer an innovative and flexible alternative to the secured loans of HSBC. With a strong focus on flexibility, we provide access to secured loan products for all purposes. If you need to get your hands on a medium to large sum of cash in a hurry, you’ve come to the right place. From secured loans to bridging loans to development finance, our transactions are often completed within a matter of days.
Providing a whole-of-market comparison service, we link our customers with dynamic specialist lenders from across the UK. Low rates of interest, minimal borrowing costs and prompt pay-outs for almost any purpose. So before applying for an HSBC secured loan, see what the team at Donkey Finance can do for you!
Best of all, our innovative secured loan services are available with no credit checks required. We work with dynamic specialist lenders, who prioritise collateral and security in general. Just as long as you can cover the cost of the loan, your credit history and current financial status don’t matter.
We’ll carry out a complete market comparison on your behalf, considering hundreds of secured loan products from dozens of leading lenders. Donkey Finance will do whatever it takes to minimise borrowing costs, while providing you with a flexible and accessible secured loan to suit your needs. Contact a member of our customer support team today to begin the application process, or check out our exclusive online loans calculator.
Most people will have to obtain a loan at some time, whether it is to do something expensive like extend your home, to buy something pricey or to pay off various debts. If you’ve got a mortgage or own your own property, getting a loan can often be easier and cheaper, and you may get access to more money than a person that is not a homeowner. This is because owning a property can give you access to funds to pay the loan back if you lose your job or some other source of income.
Secure homeowner loans are financial products borrowed against the equity in your property. You will be required to make regular monthly repayments throughout the term of the loan, which can be between 5 and 35 years.
As an alternative to career development loans, HSBC offers its current account holders accessible and flexible graduate loans. Available for amounts between £5,000 and £25,000, the loans carry a representative APR of 3.3% and must be applied for within five years of graduation.
The primary appeal of these graduate loans is the speed and ease with which they can be accessed. HSBC provides immediate decisions on eligibility, followed by instant transfer of the required funds if the application is successful. Payment breaks can be taken and early repayment is possible, making graduate loans a great option for those looking to get their careers off to the best possible start.
While many of the financial products and services provided by HSBC can be applied for online, others require in-person meetings or telephone consultations. In any case, we can help you pinpoint and apply for the perfect product for your needs. .
Give a member of our customer support team a call today, or send us an email with an outline of your loan requirements.
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