Unsecured Business Loans

 The type of loan does not require any type of collateral and is purely based on the borrower's creditworthiness. It is necessary that unsecured business loans require higher creditworthiness than secured loans. These business loans usually benefit SMEs to boost their business growth in the initial stages of business.
You can borrow up to AED 5 million as a business loan with no collateral or security requirement and set your fixed term repayment period anywhere between 12 and 48 months. In line with fair pricing commitment, you have the added assurance of knowing that you will be paying amongst the lowest comparable rate of interest in the UAE, fixed for the duration of your loan.

Secured Business Loans

Secured Business Loan is a financial product that allows a company to borrow money using its property as collateral. In the United Arab Emirates (UAE), Secured Business loans are becoming increasingly popular as a way for businesses to access funds for various needs, such as working capital, and business expansion. We will take a closer look at how to obtain a Secured Business Loan in the UAE.

• SBL can be availed with a combination of Overdraft & Term Loan facilities. The flexibility of Overdraft and “pay as you use” interest cost
• High Limits up to AED 8.0 Mio with a higher Loan Value up to 120% of the property value
• Flexible payment options up to 86 months
• The option to select Islamic Business Finance.