RAK Bank Working Capital Financing Key Features • Dedicated Trade Finance Relationship Manager provided • Trade finance products which includes letter of credit, trust receipts and guarantees Finance fixed assets using commercial loan • Post dated cheque discounting facility Necessary documents • Application Form • valid commercial license • a copy of the passport of the owners / partners with valid residence visa for expatriates • a copy of the identity card Alamartah • A copy of the sponsor's passport • Partnership Certificate / Certificate of Incorporation • documented memorandum of expatriate lawyers are stating clearly borrowing item • two fiscal years reports • partnership memorandum clearly stated where borrowing item (if it is not mentioned in the Memorandum of Association this item is required the Board of Directors resolution and / or delegate) • electricity bill or lease of the borrower (not more than 45 days ago) • bank statement for six months • Sales and purchases bills Features Overview • You need to have a bank account for trade finance
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