Dubai First SME Business Loan
Dubai First brings you SME Business Loans, a hassle-free solution to help you run your business more effectively and facilitates business entities to meet their small business needs including working capital requirements and other business expansion and personal needs
Products Offers
1. SME Business Loan – funding of small and medium size enterprises for working capital and expansion purposes
2. Personal Loan for Self Employed – personal loan provided to the authorized signatory of the company
Key Features
Easy documentation
Quick processing
Collateral Free
Tenure up to 48 months
Attractive interest rates
Basic Eligibility
Minimum length of business of 1 year
Minimum average sales turnover of AED 75,000 per month
Documentation
Copy of valid passport, visa and Emirates ID of each partner
Valid Trade license copy and incorporation documents
Copy of Tenancy Contract
6-month bank statement of the company account
3 months personal bank for Personal Loan for Self Employed
SME Business Loan Schedule of Charges
Processing Fee 2% of the approved loan amount
Interest Rate (Reducing Balance ) 16% p.a. to 26% p.a.
Insurance/ Credit Shield 0.75% of the approved loan amount
Early Settlement 5% of the Principal Outstanding
This is manisivanuthevar managing director of Jesr Al Muwailh General Trading LLC,i am available to come in and speak with you at any time,i do hope that will look favorably on my request and i very much look forward to hearing from you.
I ned auto loan
Serching self e personal loan