HKM Underwriting Criteria
HKM accept business from internationally based clients*. Applications are considered from start-up organisations to international conglomerates.
We pride ourselves on assessing every application on its own merit and only apply stringent criteria for those applying of credit facilities with us.
Rules for applying for Credit or Leasing Facilities*:
- Applicant must first be incorporated (or use the facilities of HKM for incorporation in the case of start-ups).
- Applicants must hold suitable existing banking relationships.
- Applicants must have a Net Worth of no less than €2.000.000 and clear credit history (past 5 years).
- Applicants must demonstrate a clear business plan showing profit and loss forecasts for 12 months.
- Applicants with trading history should provide last 12 months audited accounts and last 3 months management accounts.
- Other Criteria may apply subject to the type of facility being requested.
Applicants should complete and submit the required project summaries and all credit facilities are subject to receipt of a full application.
* We reserve the right to refuse any application without giving reason.
Contact us for more information