How To Get Best Of Business Loan in Dubai, Compare All UAE SME Banks

Not many months ago i wrote a post on Everything You Need To Get Matched To The Best Of Personal Loan Anytime. Kindly go through it if you have not. So without waste of time am going to give you idea on how to obtain loan in Dubia. maybe you are there or you are still planing of going there for business and some how you are short of cash, here are full list of  all UAE SME Banks that can help you with loan. Believe me is not as hard as some claim it to be just maybe they were not sure of what they wanted and at the end conclude is very hard to get. Is not and have never be. Indeed business loan is an unsecured installment-based product proposition designed to meet the small business needs of clients including business expansion or working capital finance requirement.

 I believe you know that already. One thing i ,love so much about this banks is that it's

• High Finance amounts of up to AED 5 million*
• Free  Business Credit Card
• Flexible repayment periods of up to 72 months*
• Low Profit rates
• Minimum documentation
• Quick approvals


So below are the Comparison of major UAE bank business finance offers.


Bank/Lender
Min. Length of Business*
Max Loan
Max Tenor
Interest/Profit Rates
Processing fee
Credit Shield Insurance
First Gulf Bank
1 year
AED 1250000
48 months
18% to 23% Reducing
2%
Yes (incl in PF)
Rak Bank
1 Year (6month*)
AED 5000000
72 months
16% to 26% Reducing
2.5%
Yes [1.5% incl in PF]
Mashreq Bank
2 Years
AED 1000000
48 months
18% to 26 % Reducing
1.35%
Yes [0.65% ins]
Emirates NBD
1 Year
AED 750000
48 months
15% to 21% reducing
2%
Yes [ 0.5% ins. per year]
ADCB
2 years
AED 1500000
48 months
20 % Reducing & 15% in Offer
2%
Yes
Standard Chartered
3 Years
USD 250000
36 months
19% to 22% Reducing
2%
No
NBQ
3 years
AED 1000000
60 months
13 to 16% flat
2.5%
No
United Arab Bank
2 years
AED 2500000
48 months
15% to 22%
1%
No
Union National Bank
1 year
AED 1500000
60 months
17 % Reducing
3%
Yes [0.35% per year]
National Bank of Abu Dhabi
2 Years
AED 1500000
48 months
18 % Reducing
2%
No


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