We can arrange a loan buy-out even for a non-listed company. Loan rate can be as low as 2.99% p.a. Quick approval in 24 hours. We do free debt counseling. We are an ISO9001:2015 Certified company.

Fresh Loan

It is an unsecured loan taken by an individual or entity from a bank or a non-banking financial company (NBFC) on the basis of his business income to meet their business financial needs.

Overview

A fresh business loan is a first-time loan from the particular bank. Normally it is an unsecured loan. The different bank has different policies regarding the fresh business loan.

Eligibility Criteria

A company should be minimum 1 yr old.
There should be a business set-up.
There should be an active company account.

Mandatory Requirements

A valid copy of Passport, Resident visa, and Emirates ID of all the partners.
Trade license.
MOA or AOA.
6 months bank statement of the company account.
Tenancy Contract.
3-5 Sales and purchase vouchers.

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