United Arab Bank trade finance of United Arab Bank
Profit ratio of 16%
The minimum annual sales of 3 million dirhams
Diminishing percentage of 16%:
Work for? 2: Year / year
Fixed rate 8.82%:
Wonderful for
• High loan amount
• repayment period up to 36 months
be aware of
• There is a maximum and minimum annual sales requirement
• it must be aged at least two years the company to be eligible for this funding
Key Features
• Large amounts of the loan, long repayment period of up to 36 months, pre-approved credit card.
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
• This is an Islamic Account
• The maximum annual sales to qualify for this funding 600 million AED.
• obtain the prior approval of the personal credit card or business Golden, Platinum or Infinite free for life. Maximum card AED 100,000
• Unsecured
• You need to have a bank account for trade finance
• You must have a minimum annual sales volume of 3 million dirhams the company to be eligible for this 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 provided is 1.5 million dirhams
• repay financing for up to 36 months
• transaction fee of 2% of the total amount of funding
• early settlement fee of 5% of the remaining balance
• Amejrd filings successfully, funding needs to 10 working days for approval
العربية