Gulf finance its trade finance and working capital Interest rate of 14% The minimum annual sales of 5 million dirhams Diminishing percentage of 14% Duration of employment? 2 year / year Fixed rate 7.72% Wonderful for • believes the speed of recipients for cash • limits Tamolah flexible be aware of • stipulates a maximum annual sales Key Features • believes the speed of the recipients receive cash limits flexible Tamolah Necessary documents • Personal documents - a copy of the passport and residence • Bank account statements • Financial Marjat • Incorporation documents - a copy of the business license, articles of incorporation, an official authorization. Features Overview • Unsecured • Do not represent a credit card is part of the benefits of the funding? • You must have a minimum annual sales volume of 5 million dirhams the company to be eligible for this funding. • There is no ceiling on annual sales of the requirement to qualify for this funding • repay the funding period up to 6 months • Amejrd filings successfully, funding needs to be a period ranging from 3 working days for approval • dwindling percentage of this financing is 14% fixed rate equivalent to the decreasing ratio is 7.72%. PI is calculated by multiplying the ratio decreasing to 1.814 and this calculation only to denote • an annual interest rate starts from 14% on a declining balance, and varies according to the file and put the customer. • You do not need to have to have a bank account in order to apply for trade finance • early settlement fee of 3% of the remaining balance • transaction fee of 1% of the total amount of funding • it must be the age of the company at least two years in order to be eligible for funding • Minimum Funding is provided AED 250,000 • The maximum funding is provided AED 5,000,000
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