Product Tags: Business Loan

Money Mall Team

ADCB Business Insta-Loan- Abu Dhabi

  In every business there are times when additional expenses are required whether it is for a planned expansion, purchase of goods at the best price or even to meet an unplanned exigency. The ADCB suite of Business Loans are meant for all businesses and for all purposes. Business InstaLoans are ideally suited to meet any immediate business needs. This is a collateral-free business loan offered for tenors of up to 48 months. With minimal documentation and fast approval, availing this loan is simple. Loan amounts ranging from AED 100,000 to AED 1,500,000* No fixed deposit or cash margin required Minimum documentationFast approval and efficient service Competitive rate of interest with one time processing fee Flexible loan repayments by way of installments up to 48 months Free loan shield insurance cover with every loan Shari’ah compliant products also available

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Money Mall Team

Business Finance – RAK Bank

RAKfinance loan Fast finance for growing companies. At RAKBANK, we understand that sometimes your business needs a financial injection to help it reach the next level. RAKfinance Loans provide small and medium sized companies the freedom to soar to greater heights. With RAKfinance, you can take advantage of the following benefits: Collateral Free High loan amounts of up to AED 3 million* Free for life RAKBANK Business Titanium Credit Card with credit limit up to AED 200,000* Free for life RAKBANK Personal Titanium Credit Card with credit limit up to AED 75,000* Flexible repayment periods of up to 72 months* Low interest rates Minimum documentation Quick approvals RAKTrade   Attractive trade limits Standard set of 4 products are extend with interchangeable limits Sight Letter of credit (imports only) Local post-dated cheque discounting Loan against Trust receipt (imports only) Short term loans (imports only) No margins / collaterals Competitive pricing

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Money Mall Team

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 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

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Money Mall Team

Dubai First SME Business Loans

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

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Money Mall Team

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.

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