RAKBANK Commercial Real Estate Loan

rakbank Bank

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Commercial Real Estate Loan

Min Finance Amount

AED 10000K

Max Finance Amount

AED 10000K

AED 10000K

Min Finance Amount

AED 10000K

Max Finance Amount

Features

  • Provides maximum finance amount of up to AED 10,000,000

Required Documents

  • Copies of passport and visa of the authorized signatories
  • Application form
  • Original list of staff
  • Audited financials of last 2 years have to be submitted to the bank
  • Need to provide bank statements of last 6 months

Benefits

  • Finance amount is high
  • Long and flexible repayment period is provided by bank
  • A dedicated relationship manager guides you throughout the process
  • Documentation process is simple and easy

Frequently Asked Questions

Q. Where can I use my business loan?

A. You can use your business loan for reasons like to buy business equipment, buy a business, refinancing existing debt or permanent working capital.

Q. Will I be charged for my application for business loan?

A. No, you will not be charged by Rakbank for your application form.

Q. Do I need to have a business bank account to apply for business loan in Rakbank?

A. No, it is not mandatory to have business bank account to apply for business loan in Rakbank.

Q. Is there any support available while we apply for business loan application?

A. Rakbank's dedicated managers will support and guide you all throughout the application process.

Q. Will my credit get better if I wait for sometime and then apply for business loan?

A. No, credit doesn't get better with time, it generally gets worst with time.

Rakbank

Established in 1976, RAKBANK or the National Bank of Ras Al Khaimah (P.J.S.C), is one of the oldest banks in the UAE. As a member of the UAE Banking Federation (UBF), RAKBANK follows the Custom Charter as stipulated by the UBF and tries to encourage best practices in the financial services industry. With a Vision to ‘offer ‘simply better’ banking solutions to customers across the UAE’ and a Mission to ‘be the leading bank in the UAE by offering innovative and competitive products’, RAKBANK promises :