Al Maryah Community Bank Business Financing

Minimum Salary
500,00 د.إ

Flat Rate
9.9%

Reducing Rate
15%

Maximum Term
48 Months

Monthly Payment
AED 36,000

Description

For short-term liquidity and working capital needs, the Business Overdraft facility provides flexible, collateral-light credit. For medium-term investment in plant, machinery, or expansion, the Term Loan (Murabaha/Ijara) offers fixed tenors and predictable costs. For property acquisition or development, the Commercial Mortgage combines extended amortization and competitive financing.

Features

Product Suite Overview

Facility Name	Purpose	Maximum Facility	Tenor	Collateral Requirement
Business Overdraft	Day-to-day cash flow, payroll, inventory	AED 1 million*	Revolving (annual)	Unsecured up to limit; lien on account balances
Term Loan	CAPEX: machinery, vehicles, equipment	AED 5 million*	12–60 months	Asset pledge; corporate guarantee
Commercial Mortgage	Purchase/refinance of commercial property	Negotiable	5–15 years	First-ranking mortgage
Trade Finance	Letters of Credit, Guarantees, Documentary transactions	As required	As per trade cycle	Cash margin or charge over receivables

*Subject to credit assessment and bank approval.

Interest Rates & Charges

Al Maryah Community Bank’s financing is Shari’a-compliant, structured as Murabaha (cost-plus sale) or Ijara (leasing). Profit rates are set as the bank’s Base Financing Rate plus a margin, published on the bank’s website. Indicative profit rate ranges:

Business Overdraft: 5%–10.5% p.a.
Term Loan (Murabaha/Ijara): 5%–9.0% p.a.
Commercial Mortgage: 0%–8.0% p.a.

Non-profit Fees (all exclusive of 5% VAT):

Fee Type	Charge
Arrangement/Processing Fee	1.0% of financed amount (min AED 500, max AED 2,500)
Early Settlement/Prepayment Fee	1.0% of outstanding balance (max AED 10,000)
Late-Payment Charity Donation	AED 100 per delayed instalment
Instalment Deferment Fee	AED 100 per deferment
Drawdown Amendment Fee	AED 200
Liability/No-Objection Letter	AED 100
Property Valuation Fee	AED 2,000 per property (mortgages)

Eligibility Criteria

Incorporation: UAE-registered LLCs, Free Zone entities, and branches.
Trading History: Minimum 1 year for overdrafts; 2 years for term and mortgage facilities.
Turnover:
- Overdraft: No minimum; subject to cash flow metrics.
- Term Loan & Mortgage: AED 3 million+ annual turnover.
Credit Record: Clean corporate and principal credit history.
Shari’a Compliance: Business activities must adhere to Islamic principles.

Documents Required

Completed Business Finance application form (via Mbank online portal).
Valid Trade License and Commercial Registration certificate.
Memorandum & Articles of Association and Board resolution authorizing borrowing.
Audited financial statements for the last 2 years (term and mortgage facilities).
Management-prepared financials for the last year (overdraft).
Last 6 months’ business bank statements.
Emirates IDs and passports of authorized signatories.
Title deeds or lease agreements for collateralized facilities.
Corporate guarantees or personal guarantees as required by facility.

Additional Info

Flexible Working Capital: Overdraft auto-replenishes, allowing seasonal drawdowns without multiple applications.
Predictable CAPEX Financing: Fixed instalments for term loans align with budgeting and cash flows.
Extended Amortization: Commercial mortgages up to 15 years reduce instalment burden.
Digital Access: Full facility management—including drawdown requests, instalment deferment, and statements—via Mbank Business Online and mobile app.
Dedicated Relationship Management: Personalized structuring, sector expertise, and post-disbursement support.
No-Minimum Balance Accounts: Zero-fee basic business account package ensures cost efficiency when paired with any financing.