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Transfer of companies containing Hong Kong money lender licensees can be used for lending

Financial card care question

The transfer of companies that include Hong Kong money lender licensees can be used for lending. Hong Kong loan companies are generally provided by financial companies in Hong Kong to provide loan services.,This requires a moneylender's license.,But in fact, it is difficult to apply for this license now.,On the one hand, it is because without a certain financial foundation, you will not be given the opportunity to apply for this license.,Second, supervision is now very strict.,So I usually choose to acquire a license.。

Information to be provided when applying for a money lending license in Hong Kong. Applicant’s application and declaration form. Documents proving the applicant’s ability to engage in customary money lending business. Documents proving the applicant’s financial status. Documents proving the lease and floor plan of the premises intended to be used for money lending business. Written permission from the owner for the premises intended to be used for money lending business. The ‘Occupation Permit’ issued by the Buildings Department. The annual return form of the Land Register at the Land Registry Search Office (if the applicant is a company). For more information, you can leave a private message to me. 80% of the loan recipients of money lending institutions in Hong Kong are individuals.,From ordinary citizens to professionals and even high-ranking officials and celebrities;More than 70% of loans are unsecured,And regardless of use。

The loan period is as short as ten days、a month,Long-term can reach decades,Interest rates range from a few cents to tens of cents,The variety is dazzling、Your choice。So many rich people want to get this license to do this business.。The money lending industry has a long history in Hong Kong。According to the definition of Hong Kong’s Money Lenders Ordinance,"Money lender" means any person who carries on the business of money lending or advertises or claims or in any way represents that he is engaged in such business。

As of the end of November 2010,There are 624 licensed money lenders in Hong Kong,154 companies applied for license renewal,32 companies are applying for licenses,2106 licenses expired,94 applications were rejected,214 companies withdrew their applications。

Hong Kong money lenders do not accept deposits from the public,Only engaged in money lending business,Mainly include:personal and business credit;mortgage;car、office equipment、heavy machinery、Factory leasing;Credit card financing、promissory note discount;Small and medium enterprise loans;mortgage loan;Syndicated loans, etc.


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Hong Kong Xintong focuses onHong Kong Securities and Futures Commission licenseHong Kong Insurance Broker LicenseHong Kong MSO Licenseandmoneylenders licenseApply for service,Assist customers to applyUS MSB license、NFA、RIA、Canadian MSB license、Mainstream overseas financial licenses such as Australia and Mexico,Support enterprises to achieve compliance expansion of cross-border financial business。Also availableCayman Islands Offshore Company Registration、Offshore fund establishment and global compliance operations and other services,Help enterprises expand their presence in international markets。Provide one-stop compliance solutions for enterprises。To learn more,Please contactHong Kong Information Communications Consultant

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Zheng Yanlin

Zheng Yanlin has experience in the field of commercial lending regulatory compliance in Hong Kong. 9 years of experience,Served as head of the regulatory and risk management department of a money lending business entity,Responsible for money lender license application、Compliance policy development、Risk assessment and regulatory document preparation,Communicate supervision system requirements with regulators and coordinate internal control processes。

Areas of expertise:Money Lender License Application、Compliance policy development、risk assessment、Requirements for supervisory party (Police Force) communication and supervision system。

Previous institutions:Hong Kong Business Lending & Money Lending Compliance Team Leader

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