NBAD Business Loans & Business Credit Cards

High loan amounts, long repayment tenure up to 48 months.

Application form
Valid Trade License
Valid passport copy of owners / partners with valid residence visa for expatriates
Emirates ID copy
Valid UAE National sponsor passport copy
Share Certificate / Certificate of Incorporation
Notarized power of attorney of expat mentioning the borrowing clause clearly
Audited financials (for higher finance limits) or in-house financials, Memorandum of Association mentioning the borrowing clause clearly (if the MOA doesn’t mention the borrowing clause, then Board Resolution / Power of Attorney will be required)
Utility bill or tenancy contract of the borrower (not more than 45 days old).

The company should have a minimum annual sales turnover of AED 1,000,000 to be eligible for this finance.
This rate is currently not available. Please contact the bank for further information
The processing fee is 2% of the total finance amount
The minimum finance amount offered is AED 100,000.
The maximum finance amount offered is AED 3,000,000.
The early settlement fee is 3% of outstanding balance.
This information is currently not available. Please contact the bank for further information
The finance repayment period is up to 48 months.
Upon successful submission of documents, the finance will take 7 working days to be approved.

National Bank of Abu Dhabi Business Loan