ADIB Smart Account

Check Eligibility for United Arab
Business Loan

You are eligible to apply for a United Arab
Business Loan .

You may not be eligible * to apply.

* Minimum Annual Turnover AED 3000000 required to apply for a United Arab Business Loan .

*No loan for :User_Nationality available in this page

Click here to check from other banks.

United Arab Business Loan Calculator

Business Loan Provided By United Arab

Check Eligibility for United Arab Business Loan

You are eligible to apply for a United Arab
Business Loan .

You may not be eligible * to apply.

* Minimum Annual Turnover AED 3000000 required to apply for a United Arab Business Loan .

Click here to check loans from other banks.

United Arab Business Loan Calculator

ADIB Smart Account

Features of United Arab Business Loan

  • Shariah compliant finance
  • High Loan amount up to AED 1.5 million.
  • No collateral required
  • Long & Flexible repayment tenures (up to 48 months)
  • Simple & hassle free documentation
  • Competitive Interest rates
  • Dedicated Relationship Manager
  • Current account with no minimum balance requirement

Eligibility Criteria of United Arab Business Loan

Must be registered in UAE as:

  • Limited Liability Company (LLC)
  • Sole Proprietor
  • Partnership
  • Free Zone Companies
  • Branches/Subsidiaries of Offshore Entities

Documents Required of United Arab 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)
  • Past 12 months active bank account statements
  • Copy of utility bills

Note: the bank may ask for more documents if it sees necessary. Please contact nearest branch for more information

United Arab Business Loan Interest rates

United Arab Bank

2 United Arab Bank Business Loans

Business Loan

flat rate

Flat Rate

8.82%

reducing rate

Reducing Rate

16%

minimum amount

Min Finance Amount

AED 250K

maximum amount

Max Finance Amount

AED 1500K

early settlement fee

Early Settlement Fee

5%

annual turnover

Min Annual Turnover

AED 3000K

tenure

Tenure

36 Years

approval time

Approval Time

10 Days

processing fee

Processing Fee

2%

flat rate

8.82%

Flat Rate

reducing rate

16%

Reducing Rate

minimum amount

AED 250K

Min Finance Amount

maximum amount

AED 1500K

Max Finance Amount

early settlement fee

5%

Early Settlement Fee

annual turnover

AED 3000K

Min Annual Turnover

tenure

36 Years

Tenure

approval time

10 Days

Approval Time

processing fee

2%

Processing Fee

Benefits

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

Features

  • The reduction rate and the flat rate is 16% and 8.82%. This denotes that the computation done was a division of the reduction rate by 1.812
  • Provides maximum finance amount of up to AED 1,500,000
  • Early settlement fee is 5% of the finance amount
  • Processing fee is 2% of the loan amount
  • Repayment period is up to 36 months
  • Provides minimum finance amount of up to AED 250,000
  • 2 years minimum length of business is required to qualify for this finance
  • The maximum annual turnover limit to be eligible for this finance is AED 600,000,000
  • Minimum annual sales turnover of AED 3,000,000 is needed to apply for this finance
  • Provided with pre-approved credit card free for life
  • You need to have a bank account with United Arab Bank to apply for this finance
  • After successful submission of documents, within next 10 working days the bank will approve the loan

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

View details on bank page

Islamic Business Finance

flat rate

Flat Rate

8.82%

reducing rate

Reducing Rate

16%

minimum amount

Min Finance Amount

AED 250K

maximum amount

Max Finance Amount

AED 1500K

early settlement fee

Early Settlement Fee

5%

annual turnover

Min Annual Turnover

AED 3000K

tenure

Tenure

36 Years

approval time

Approval Time

10 Days

processing fee

Processing Fee

2%

flat rate

8.82%

Flat Rate

reducing rate

16%

Reducing Rate

minimum amount

AED 250K

Min Finance Amount

maximum amount

AED 1500K

Max Finance Amount

early settlement fee

5%

Early Settlement Fee

annual turnover

AED 3000K

Min Annual Turnover

tenure

36 Years

Tenure

approval time

10 Days

Approval Time

processing fee

2%

Processing Fee

Benefits

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

Features

  • The reduction rate and the flat rate is 16% and 8.82%. This denotes that the computation done was a division of the reduction rate by 1.812
  • Provides maximum finance amount of up to AED 1,500,000
  • Early settlement fee is 5% of the finance amount
  • Processing fee is 2% of the loan amount
  • Repayment period is up to 36 months
  • Provides minimum finance amount of up to AED 250,000
  • 2 years minimum length of business is required to qualify for this finance
  • The maximum annual turnover limit to be eligible for this finance is AED 600,000,000
  • Minimum annual sales turnover of AED 3,000,000 is needed to apply for this finance
  • You need to have a bank account with United Arab Bank to apply for this finance
  • After successful submission of documents, within next 10 working days the bank will approve the loan

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

View details on bank page

About United Arab

Headquartered in Sharjah, with over 25 branches across the UAE, United Arab Bank, P.J.S.C. (UAB), which was incorporated in 1975, has established itself as a leading banking services provider in the UAE. UAB has a Vision ‘of being the trusted partner and the UAE bank of choice for customers’ and a Mission of ‘offering a superior customer experience, creating shareholder value, and adopting an innovative banking approach while remaining loyal to the nation's heritage and contributing to the overall development of the UAE.’ UAB follows the values of :

  • Integrity
  • Customer Focus
  • Competence
  • Consistency
  • Courteousness

Ask questions and share your comments

We encourage our users to have discussion on questions they might have on financial products and help other users by sharing their insights. Kindly help us in making this site useful. We don't encourage any spam posts here. This is a public forum, so we request you to be safe by not disclosing personal information such as bank account or phone numbers etc. Please follow our posting guidelines. All the comments posted under MyMoneySouq official account are not reviewed by the financial institutions.