Enjoy exclusive rewards with our Refer & Earn Programme!
Simply refer your business associates for a Corporate Loan, and both of you will benefit.
Benefits
- 0.10% p.a. off your next corporate loan
- Up to $5,000 in FairPrice vouchers
- 0.10% p.a. off your next corporate loan
How to refer
Step 1: Contact your Relationship Manager and share your business associate's details with him/her.
Step 2: Receive a referral code and get a discount on your next corporate loan OR receive FairPrice vouchers*.
*After acceptance of the loan by your business associate.
For referrer
- Account should not be in arrears at point of issuance of discount code/ vouchers.
- Referee must accept the new loan before the referrer gets to enjoy the discounted rate or vouchers.
- For HP line and block discounting line, only applicable for next drawdown (one-time).
- To enjoy the discounted rate, the new loan must be approved within 6 months from the acceptance of loan by the referee. The 6 months timeline also applies to drawdown from existing/new line.
- Cap of one-time discount per referrer applies. ie. If the referrer refers more than 1 customer, he/she may opt for a one-time discounted rate and will be given vouchers for subsequent referrals.
Discount for referrer:
| Product | Discount |
|---|---|
| Mortgage term loan | 0.10% off the 1st year package rate |
| HP loan / Block Discounting drawdown from line | 0.10% flat rate off package rate/existing contractual rate for 1 loan agreement/account only |
| Drawdown from Revolving Trade Line | 0.10% off from approved rate/existing contractual rate for whole line for the period of 1 year from date of fresh drawdown if there is an existing line or first drawdown for a new line. |
| Drawdown from Mortgage revolving line | 0.10% off from approved rate/existing contractual rate for whole line for the period of 1 year from date of fresh drawdown if there is an existing line or first drawdown for a new line. |
| Working Capital Term Loan | 0.10% flat rate off package rate for Medical Practitioners; For other working cap packages, apply 0.10% off package rate. |
Vouchers for referrer:
| Amount payable in vouchers, to be rounded up to the nearest $10. |
| 0.1% of facility limit, capped at $5,000 |
If the Referrer refers more than one loan under a particular borrower ("referee") concurrently, the Referrer will get vouchers for all the loans referred, subject to an overall cap of $5,000.
The referrer will be eligible to the vouchers/discount as long as there is a referral of any corporate loan product.
For referee
- For HP line and Block Discounting line, only applicable for first drawdown (one-time).
Discount for referee:
| Product | Discount |
|---|---|
| Mortgage term loan | 0.10% off the 1st year package rate |
| HP loan / Block Discounting drawdown from line | 0.10% flat rate off package rate for 1 loan agreement/account only |
| Drawdown from Revolving Trade Line | 0.10% off from approved rate for whole line for the period of 1 year from date of first drawdown |
| Drawdown from Mortgage revolving line | 0.10% off from approved rate for whole line for the period of 1 year from date of first drawdown |
| Working Capital Term Loan | 0.10% flat rate off package rate for Medical Practitioners; For other working cap packages, apply 0.10% off package rate. |
Hong Leong Finance reserves the right to change the terms and conditions of the Refer and Earn programme without any prior notice.