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Business Loan in Dubai - Quick & Easy Business Loan

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.

  • Al Haditha Investment offers professionals guidance to help people select the best business loan offers available in Dubai. Our team members can advise loan seekers on which loan to choose because they are knowledgeable about the features and perks provided by all the main banks.
  • At Al Haditha Investment, our staff takes care of all the documentation needed to process our clients' business loans. The clients receive services right at their door and don't worry about the paperwork.
  • Our lending process is quick and simple. An individual can need the business loan in order to pay for urgent business expenses. As a result, we reduce the time needed for paperwork and standing in line to help give speedy business loans.

Eligibility for Business Loan

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:

  • Type of business (partnership, proprietorship, Private or public limited company)
  • Turnover of the business
  • No. of years in business
  • Annual income, cash flow
  • Age of the applicant

Required documents for a business loan in Dubai

  • Identity proof
  • Address proof
  • Proof of continuity of business
  • Bank Statement for last 6 months
  • Income Tax Return with audited the balance sheet and Profit & loss statement for last 2 years
  • Partnership deed in case of partnership firm. MOA, AOA, ROC, annual returns Director’s report and shareholding pattern in case of company.

Business Loan - Comparison of interest rates and other fees charged by various banks

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
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