Noor Bank understand your financial requirements may be big or small. Business Finance will help you grow and is available across key emirates including selected free-zones.
Noor Business Finance Features:
• Maximum amount: up to AED 4,500,000
• Manage your day to day cash with Islamic Covered Facility of up to 15% of your Business Finance limit
• Current account with zero balance
• Flexible payments: up to 48 months
• Pricing as low as 18% pa
• Minimal documentation (see below)
• Life Takaful coverage for authorised signatory or Managing partner
• Documents Required
• Application Form
• 1 year bank statements + 2 years Audited Financials as applicable
• Valid Constitution/ Incorporation/Rgistration Documents
• Board Resolution / POA (as applicable)
• Identification card (for U.A.E. Nationals) and passport + visa (for expats) of the authorized signatories
• Tenancy contract & Utility Bills
• Original invoices & list of staff
• Visiting cards & location maps
• Minimum length of business: 2 years
• Minimum turnover of AED 2 million
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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