Minimum Salary
500,00 د.إ
Flat Rate
9.9%
Reducing Rate
18%
Maximum Term
48 Months
Monthly Payment
AED 44,000
For day-to-day cash flow needs, the Business Overdraft is optimal. For fixed-term CAPEX and expansion financing with predictable instalments, the Business Installment Loan or Term Loan suits SMEs. For larger corporate requirements and project financing, the Corporate Term Loan offers higher limits with tailored structures.
| Facility Name | Purpose | Maximum Facility | Tenor | Collateral Requirement |
| Business Overdraft | Working capital; cash flow management | AED 5 million¹ | Revolving (annual) | Unsecured up to limit; lien on current account |
| Business Installment Loan | CAPEX: equipment, furniture, machinery | AED 2 million¹ | 12–48 months | Unsecured up to AED 250k; thereafter asset pledge |
| Term Loan | Medium-term expansion; project finance | AED 5 million² | 12–60 months | Asset-backed; corporate guarantees |
| Corporate Term Loan | High-value CAPEX; large-scale projects | AED 20 million³ | 1–7 years | Mortgage or lien over corporate assets |
¹ Subject to credit assessment; collateral beyond AED 250k
² Standard corporate term financing limit
³ Negotiable for major corporate clients
Interest Rates (p.a.)
| Facility | Rate Structure | Interest Rate |
| Business Overdraft | Occasional debit balance | 15% + AED 20 flat fee¹ |
| Business Installment Loan | Fixed instalments | 10 – 15%² |
| Term Loan | Reducing balance | 10 – 15%² |
| Corporate Term Loan | Floating; EIBOR + margin | EIBOR + 3%³ |
¹ Charged on monthly minimum debit balance
² Varies by tenor, amount and credit profile
³ Negotiable based on facility size and collateral
Schedule of Fees (exclusive of 5% VAT)
| Fee Type | Charge |
| Processing / Arrangement Fee | 1% of financed amount (min AED 500; max AED 2,500) |
| Early / Partial Settlement Fee | 1% of the settlement amount (after 3 months; max AED 10,000) |
| Late Payment Penalty Interest | 2% p.a. on overdue amount (min AED 50; max AED 200) |
| Instalment Deferment Fee | AED 100 per deferment |
| Loan Rescheduling Fee | AED 250 |
| Cancellation Fee | AED 100 |
| Overdraft Arrangement Fee | 1% of limit (min AED 200) |
| Liability / No-Objection Letter | AED 250 |
| Property Valuation Fee | AED 2,000 (for mortgaged assets) |
• Flexible Working Capital: Overdraft auto-replenishes with interest charged only on usage.
• Unsecured Funding Option: Installment loans unsecured up to AED 250k for rapid access.
• Predictable Repayments: Fixed instalments for CAPEX financing aid budgeting.
• Digital Servicing: Apply, drawdown, and manage facilities via online banking and mobile app.
• Dedicated Relationship Team: Personalized advisory and post-disbursement support.
• Competitive Pricing: Transparent fees and interest, with no hidden charges.
Finmaly helps you compare the best deals on credit cards, loans, and financial products—all in one place. We make it easier to choose what’s right for you with clear, side-by-side comparisons and trusted provider information.