Use our financing solutions to manage your cash flow, asset acquisition and expansion requirements for your business.
Features & Benefits:
• Murabaha and Ijarah products
• Designed to provide solutions for: Working capital and fixed assets financing of up to AED 3 million on an unsecured/partially secured basis or up to AED 5 million on a fully secured basis
• Trade finance products including Sight/Time LC's, Cash LC's, LC murabaha financing and all types of letters of guarantee.Vehicle fleet, buses and heavy truck financing initial public offering (IPO) financing (on selective basis)
• Fees & Charges:
• Processing Fee: 1.50%
• Settlement Fee: 5.00 %
• Minimum Annual Turnover: AED 1,500,000
Account required
No
Insurance/takaful
No
Loan Type
No
Max. finance amount
AED 3 million
Maximum Tenure
4 Years
Minimum Annual turnover
AED 150,000
Min Finance amount
AED 2,000,000
Processing fee
1.50%
Fixed rate
8.00%
Reducing rate
14.51%
Settlement Fee
5.00%
Time in business
No
Top-up
No
Key Man Insurance
No
Processing time
No
Entity Required
Yes
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If you are interested in any of our products and services and would like a member of our sales team to get in touch with you
