Greetings, and welcome to Al Haditha Investment Business Loan. We provide business loans in Dubai with lower interest rates. You have come to the correct location if you're looking for a business loan in Dubai. The greatest business loan services are available to Dubai's entrepreneurs through Al Haditha Investment.
Business loan is availed by individuals who need funds to start a new business or require working capital for the existing business. All major banks offer business loan. Individuals can avail secured or unsecured business loan depending on their requirements and repayment capacity.
Any business owner who operates a respectable enterprise and makes a fair living may qualify for a business loan. The banks primarily use the following factors to determine the amount to be awarded:
Bank | Loan amount | Rate of interest | Processing fee | Prepayment charges |
---|---|---|---|---|
Dubai Islamic Bank | Up to AED.1500 ( up to AED.40,000 in selected locations) | 17% to 22% | Up to 2.50% of the loan amount subject to a minimum of AED.1,000/- & maximum of AED.75,000/- | 4% for 7-24 months 2% for 25-36 months Nil for >36 months |
Emirates NBD |   | 14% to 20% | Up to 2% of the loan amount. AED. 5000/- is collected upfront | Up to 2% of the loan amount |
Noor Bank | AED.80000 to AED. 30000 |   | 2% of the loan amount | Nil |
Sharjah Islamic Bank | Up to AED. 7500 | 12% to 12.50% |   | 5% of the outstanding loan amount |