Check Eligibility for Union National
Business Loan

You are eligible to apply for a Union National
Business Loan .

You may not be eligible * to apply.

* Minimum Annual Turnover AED 1500000 required to apply for a Union National Business Loan .

Click here to check loans from other banks.

Union National Business Loan Calculator

Business Loan Provided By Union National

Check Eligibility for Union National Business Loan

You are eligible to apply for a Union National
Business Loan .

You may not be eligible * to apply.

* Minimum Annual Turnover AED 1500000 required to apply for a Union National Business Loan .

Click here to check loans from other banks.

Union National Business Loan Calculator

Zero Balance Free account

Features of Union National Business Loan

  • High Loan Amounts (up to AED 2 million)
  • Overdraft facility for up to AED 150,000
  • Competitive interest rates
  • LC sight and usance for local as well as foreign
  • LTR against open account
  • Local Bills Discounting (LBD)/OD Receivables

Eligibility Criteria of Union National Business Loan

  • Sole proprietorship concerns/LLC commercial entities
  • Registered in UAE
  • Minimum period of operation: 2 years

Documents Required of Union National Business Loan

  • National ID/Passport Copy w/ UAE Residence Visa
    (All signing authorities, as applicable)
  • Valid legal constitutive documents
    (Trade License, Certificate of commercial registration, Free Zone, Certificate of Incorporation, Memorandum of Association, Partnership Agreement | All documents as applicable)
  • Active Bank Account Statements

Note: The bank may ask for more documentation to be done. Contact nearest branch for more info.

Union National Business Loan Interest rates

union-national-bank Bank

1 Business Loans Provided By Union National

Business Finance

Flat Rate

9.1%

Reducing Rate

16.5%

Min Finance Amount

AED 25K

Max Finance Amount

AED 2000K

Early Settlement Fee

3%

Min Annual Turnover

AED 1500K

Tenure

60 Years

Approval Time

10 Days

Processing Fee

3%

9.1%

Flat Rate

16.5%

Reducing Rate

AED 25K

Min Finance Amount

AED 2000K

Max Finance Amount

3%

Early Settlement Fee

AED 1500K

Min Annual Turnover

60 Years

Tenure

10 Days

Approval Time

3%

Processing Fee

About Union National

Established as a Public Joint Stock Company (P.J.S.C) in 1982, Union National Bank (UNB) has shareholdings from both Dubai and Abu Dhabi Government. UNB has a Vision ‘to be the best in class for the banking industry in the UAE’ and a Mission ‘to be the first and the best bank of choice for all stakeholders.’ The values followed by UNB are :

  • Integrity & Transparency
  • Customer Focus
  • Team spirit
  • Continuous Improvement
  • Nurturing Staff
  • Responsible Community Membership
  • Best practices