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HSBC First Loan

HSBC First Loan

HSBC First Loan

HSBC First Loan
AED 2,000,000
Minimum Revenue
AED 126,620
Monthly Payment
10 %
Flat Rate
4
Maximum Term

Noor Bank understand your financial requirements may be big or small.  Business Finance will help you grow and is available across key emirates including selected free-zones.

Noor Business Finance Features:

  • Maximum amount: up to AED 4,500,000
  • Manage your day to day cash with Islamic Covered Facility of up to 15% of your Business Finance limit
  • Current account with zero balance
  • Flexible payments: up to 48 months
  • Pricing as low as 18% pa
  • Minimal documentation (see below)
  • Life Takaful coverage for authorised signatory or Managing partner

Documents Required

  • Application Form
  • 1 year bank statements + 2 years Audited Financials as applicable
  • Valid Constitution/ Incorporation/Rgistration Documents
  • Board Resolution / POA (as applicable)
  • Identification card (for U.A.E. Nationals) and passport + visa (for expats) of the authorized signatories
  • Tenancy contract & Utility Bills
  • Original invoices & list of staff
  • Visiting cards & location maps
  • Minimum length of business: 2 years
  • Minimum turnover of AED 2 million