Benefits

  • Customised loan structures
  • Flexible tenors
  • Simple documentation
  • Dedicated relationship manager
  • Quick turn around times

Loans

Whether simply filling in a gap in your capital with a short-term loan or looking to finance a long-term project, you can find what you need with our range of loan products designed specially for business large or small.

Short-Term Loan

Short-Term Loans are available based on your business requirement. These loans are usually towards financing your working capital gap. The loan will help you bridge the time gap between realisation of your receivables and the need to pay your suppliers.

Medium / Long-Term Loan

Medium-Term Loans can be arranged to assist in acquisition of business assets. These assets could be anything essential for running your business efficiently, whether plants and machinery, warehouses, buildings, commercial vehicles, marine vessels and ancillary services, among others. And repayment is flexible, with tenors customised to meet your requirements based on you capacity as evident for your business' cash flows.

Other Loans

Business Loan

Our collateral-free Business Loan is designed to give you the resources your business requires easily and quickly.

Features:

  • Collateral free loans of up to AED 750,000 for general business purposes
  • Flexible and convenient repayment tenor of up to 36 months
  • Competitive interest rates
  • Minimal documentation and quick turnaround times
  • Minimum balance free current account
  • Dedicated Relationship Manager to service your needs
  • Avail of Top-ups after 1 year

 

Pre-Shipment Loan

As an exporting customer, you could take out pre-shipment loans against Export Letters of Credits issued by selective foreign banks. This helps you meet working capital requirements and procure raw materials/goods for your exports. Repayment tenors are fixed depending on the expiry date of your Letters of Credits. Once you submit all credit compliant documents, the pre-shipment loan is converted to receivables financing under Export Bills Discounting.

Trust Receipt Loan

Trust Receipt financing helps you meet working capital requirements and clear goods from ports on time. This loan is repaid upon receipt of sale proceeds or at maturity. NBF Trust Receipt financing is given for documents against Letters of Credits and Collections and repayment tenors are fixed as per your business' working capital requirements and industry norms.

Project Financing Loan

Loan facilities to help you in the execution of your projects can be arranged. These facilities include loans towards import of materials for the project and discounting of duly authorised Progressive Payment Certificates, as well as other loan facilities necessary for the completion of your project.

POS-Point of Sales Loan

Loans can be organised against assignment of your credit card receivables. These loans can be used to bridge your working capital gap or to finance assets required by your business to function efficiently. The value and tenor of the loan are customised, keeping the credit card receivable volumes and your cash flows in mind.

Lending against Shares

Features:

  • Customised credit facilities against select locally quoted shares
  • Loan limits will be determined as percentage of current share value
  • Competitive interest rates