H&R Block Inc.'s tax-loan business has a new $2.5 billion line of credit from its longtime banking partner, HSBC Holdings PLC.

The Kansas City, Mo., tax preparation company said in a regulatory filing Tuesday that its Block Financial subsidiary will buy participation interests in refund-anticipation loans this tax season with the new line of credit.

Subscribe Now

Access to authoritative analysis and perspective and our data-driven report series.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.