National Bank of Abu Dhabi Business Loan

About NBAD The National Bank of Abu Dhabi (NBAD),UAE’s premier bank, offers the complete range of banking services with operations in 18 countries and is ranked in the World’s 50 Safest Banks and the Safest Bank in the Emerging Markets.

Table of Contents

NBAD Business Loans &  Business Credit Cards

Main Benefits
High loan amounts, long repayment tenure up to 48 months.
Documents Required
  • 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).
Overview of features
  • 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.

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