Features:
- Loans Up to AED 7 Million: High loan amounts to facilitate large-scale vehicle purchases.
- Funding Up to 85%: Significant financing coverage for the cost of vehicles.
- Eligibility for Rental Companies: Tailored solutions for rental businesses to enhance their fleet.
- Wide Customer Range: Loans available for all customer segments, from first-time users to strategic customers.
- Insurance Funding: Assistance with funding for vehicle insurance.
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.