Posted by admincp on December 31, 2014

Dubai Islamic Bank Business Finance

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,

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

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.