Dubai Islamic Bank Business Finance

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Dubai Islamic Business Finance

Dubai Islamic Bank’s Al Islami Business Finance extends up to AED 2.5 million for businesses who think big. With a hassle-free approval process and business-friendly payment options,

business-finance-dubai

**Embedded in the price of the goods to be delivered

Main Benefits
High loan amounts, long repayment tenure up to 48 months.
  • Finance up to AED 2.5 million
  • Competitive Profit Rates**
  • Financing based on Salam Finance
Documents Required
  • Constitutional documents of the entity
  • 6 months bank statements
  • last 2 years audited financials (where required)
Overview of features
  • The company should have a minimum annual sales turnover of AED 1,000,000 to be eligible for this finance.
  • The rate starts at 15% and can go up to 21% per annum, depending on company profile.
  • The processing fee is 1.5% of the total finance amount
  • The minimum finance amount offered is AED 50,000.
  • The maximum finance amount offered is AED 2,250,000.
  • The early settlement fee is up to 1% of outstanding balance.
  • The company should be at least 1 year old in order to qualify for finance.
  • The finance repayment period is up to 48 months.
  • Upon successful submission of documents, the finance will take 7 working days to be approved.
Dubai Islamic Bank’s Al Islami Business Finance extends up to AED 2.5 million for businesses who think big. With a hassle-free approval process and business-friendly payment options, Al Islami Business Finance is the better way for all your business needs. – See more at: http://www.dib.ae/business-banking/business-finance/overview#sthash.Wv1fjKzU.dpuf
Dubai Islamic Bank’s Al Islami Business Finance extends up to AED 2.5 million for businesses who think big. With a hassle-free approval process and business-friendly payment options, Al Islami Business Finance is the better way for all your business needs. – See more at: http://www.dib.ae/business-banking/business-finance/overview#sthash.Wv1fjKzU.dpuf

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