Gulf Finance Small Business Loans

Features:

• Loan Amounts:
  • Up to AED 250,000 for new customers.
  • Up to AED 500,000 for loan top-ups or buy-outs.
• Eligibility:
  • Minimum annual revenue of AED 2.5 million, supported by bank statements.
  • Business must be at least 3 years old for trading companies or 2 years old for other types of companies.
• Term:
  • Maximum repayment term of 48 months.
• Interest Rates:
  • 20%-24% for new loans.
  • 18%-20% for loan buy-outs.
  • 18%-22% for top-ups.

Fees:

• Early Settlement:
  • 2% if settled with own funds.
  • 5% if settled using funds from other financial institutions.

Documents Required:

• Bank Statements:
  • 12 months for general trading companies.
  • 6 months for other companies.
• KYC/KYB Documents: Know Your Customer/Know Your Business documentation.
• Financial Information: Verbal financials and copies of invoices (sales and purchase).

Gulf Finance Small Business Loans offer flexible and competitive financing solutions to support your business growth and expansion needs.