Features:

• Funding Up to 90%: High financing coverage for the purchase of vehicles.
• Flexible Finance Scheme: Suitable for both new and used vehicles to cater to different business needs.
• Attractive Interest Rates: Competitive rates to make vehicle financing more affordable.
• Eligibility for First-Time Buyers and Fleet Operators: Financing options available for businesses purchasing their first vehicle as well as those looking to expand their existing fleet.
• Insurance Funding: Assistance with vehicle insurance funding.

Documents Required:

• Bank Statements: Last 6 months of bank statements showing transactions greater than AED 250,000.
• Audited Financials: Audited financial statements for the previous year if turnover is equal to or greater than AED 1 million.
• Passport Copy with Valid Visa Page: A copy of the business owner’s, director’s, or partner’s passport, including the valid visa page.
• List of Current Vehicle Fleet: A comprehensive list of all vehicles currently being used by the company.
• Trade License and Memorandum of Association (MOA): Copies of the company’s trade license and MOA.
• Power of Attorney (POA): If applicable, a copy of the POA document.