Business Loan Provided By CBD
Features of CBD Business Loan
- High finance amount (Up to AED 2 million)
- Financial Advisory
- No Collateral & Security Requirements
- Hassle free approvals with minimum formalities
- Fair & competitive pricing
- Transparent Operation
- Islamic finance option available
- Loan top-up facility available after 12 months
- Dedicated relationship manager
Eligibility Criteria of CBD Business Loan
- Must be registered in the UAE
- Minimum Operating Time: 2 years
- Minimum turnover: AED 2.5 Million
- Minimum bank relationship: 6 months
- Minimum bank account balance : AED 25000
Documents Required of CBD 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) - Power of Attorney/Board Resolution (As applicable)
- Proof of Address (location where the business is setup/ main office)
- Details of the ultimate beneficial owners
- Bank reference letter and company profile (As applicable)
- Past six months of active bank account statements for the business entity
CBD Business Loan Interest rates
5 Business Loans Provided By CBD
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About CBD
Commercial Bank of Dubai (CBD) offers a wide range of retail and commercial banking products and services, in both conventional and Shariah-compliant formats, with a network of 26 branches and over 210 ATMs throughout the UAE. The bank endeavors to build sustainable prosperity through extraordinary banking experiences. CBD commits to:
- Authenticity
- Simplicity
- Partnership
- Innovation
- Responsibility
- Excellence