1. Product Suite Overview

Facility Name	Purpose	Maximum Facility	Tenor	Security
Small Business Loan (Fixed Rate)	SME CAPEX & working capital	AED 300,000	12–36 months	Unsecured
Semi-Secured Business Loan	Mid-ticket SME needs with FD collateral	AED 5,000,000¹	12–60 months	Pledge of Fixed Deposit
Secured Business Loan	Larger SME projects or working capital against property	AED 5,000,000	12–60 months	Mortgage or asset pledge
Office Loan	Purchase or refinance of commercial property	AED 15,000,000²	Up to 180 months (15 years)	First-ranking mortgage
Vehicle & Equipment Loan	Acquisition of vehicles, machinery, and ICT equipment	AED 10,000,000³	Up to 60 months	Asset ownership pledge
Merchant Lending	Liquidity against POS or e-commerce receivables	AED 1,000,000	Up to 48 months	Assignment of receivables

 

¹ Minimum 6-month FD; financing up to FD value.
² Up to 70% of property value; 40% minimum down-payment.
³ Up to 100% financing including insurance.

2. Interest Rates & Charges

Mashreq Business loans are priced at 3-month AED EIBOR plus a fixed margin, reset quarterly, or via fixed flat rates for select products. All fees exclude 5% VAT unless stated.

Small Business Loan (Fixed Rate)

• Interest Rate:00%–18.00% p.a. (reducing balance)
• Processing Fee:00% of loan amount (min AED 500; max AED 2,500)
• Early Settlement Fee:00% of outstanding principal
• Late Payment Fee: AED 300 per missed instalment
• Credit Life Insurance:65% p.a. of loan amount

Semi-Secured Business Loan

• Interest Rate: EIBOR + 2.50%–3.50% margin
• Processing Fee:35% of loan amount (min AED 500; max AED 2,500)
• Early Settlement Fee:00% of outstanding principal
• Late Payment Fee: AED 300 per missed instalment

Secured Business Loan

• Interest Rate: EIBOR + 1.75%–2.75% margin (floor applies)
• Processing Fee:35% of loan amount (min AED 500; max AED 2,500)
• Early Settlement Fee:00% of outstanding principal
• Late Payment Fee: AED 200 per missed instalment

Office Loan (Mixed Fixed & Variable)

• Fixed Introductory Rate:73%–9.99% p.a. (2–5 years)
• Variable Rate: EIBOR + 2.14% margin thereafter
• Processing Fee:05% of loan amount (min AED 525; max AED 10,500)
• Early Settlement Fee:05% of outstanding or AED 10,500 (whichever higher)
• Late Payment Fee: AED 3,150 for completed properties; AED 21,000 for self-construction

Vehicle & Equipment Loan

• Interest Rate: EIBOR + 1.75%–2.25% margin (indicative 6.00%–8.50% p.a.)
• Processing Fee:05% of loan amount (min AED 525; max AED 10,500)
• Early Settlement Fee: As per contract (flat or %-based)
• Late Payment Fee: AED 200 per missed instalment

Merchant Lending

• Interest Rate: Flat 8.00%–12.00% p.a. or EIBOR + margin
• Processing Fee:61% of loan amount (inclusive of credit life)
• Early Settlement Fee:05% of outstanding
• Late Payment Fee: AED 200 per missed instalment

3. Eligibility Criteria

• Business Tenure:
  • Small Business & Merchant: ≥ 1 year of operation
  • Semi-Secured & Secured: ≥ 2 years of trading history
  • Office & Equipment: ≥ 2 years; asset maintenance track record
• Annual Turnover:
  • Small Business: ≥ AED 500,000
  • Semi-Secured & Secured: ≥ AED 1 million
  • Office Loan: ≥ AED 3 million
• Credit Profile: Clean bank conduct and external credit bureau standing
• Salaried/Proprietor Minimum Income: N/A for incorporated SMEs; assessed via financials