NBQ (National Bank of Umm Al-Qaiwain) Business Financing

Minimum Salary
0,00 د.إ

Description

For small enterprises seeking collateral-free term financing, NBQ’s Small Business Finance (SBF) is optimal. Businesses needing short-term liquidity against receivables should use Receivables Financing or the Business Overdraft. Contractors and infrastructure firms benefit from Business Contracting Finance, while large corporates can access Syndicated Loans.

Features

Product Suite Overview

Facility Name	Purpose	Maximum Facility	Tenor	Security / Collateral
Small Business Finance (SBF)	Working capital; fixed-asset investment	AED 1,000,000¹	Up to 60 months	Unsecured
Business Overdraft	Day-to-day liquidity; seasonal working capital	AED 1,000,000¹	Revolving (12-month renewal)	Unsecured up to limit; lien on account
Receivables Financing	Immediate cash against invoices	Up to 90% of invoices	Invoice term (up to 180 days)	Assignment of receivables
Business Contracting Finance	Project mobilization; performance guarantees	AED 50,000,000²	Project cycle (12–36 months)	Project receivables; performance bonds
Syndicated Loans	Large-ticket corporate finance	Negotiable (≥ AED 50 m)	2–10 years	Custom security (assets, guarantees)

¹ EDB co-lending program: 50% government guarantee up to AED 1 million for SMEs.
² Subject to credit assessment and project size.

Interest Rates & Charges

All rates and fees exclude 5% VAT. Final pricing is credit-risk and structure dependent.

Charge Type	SBF / Overdraft / Receivables	Contracting Finance	Syndicated Loans
Profit / Interest Margin	EIBOR + 2.50%–4.00%	EIBOR + 2.00%–3.00%	EIBOR + 1.75%–2.50%
Arrangement / Processing Fee	1.00% of facility (min AED 500)	0.50%–1.00% of facility	0.50%–1.00% of facility
Commitment Fee	0.25% p.a. on undrawn limit	N/A	0.10%–0.20% p.a. undrawn
Early Settlement Fee	1.00% of outstanding balance	0.50%–1.00%	1.00% of outstanding
Late-Payment Penalty	2.00% p.a. on overdue amounts	2.00% p.a.	2.00% p.a.
Receivables Discount Margin	1.50%–2.50% of invoice value	N/A	N/A
Guarantee Issuance Fee	N/A	0.25%–0.50% per guarantee	N/A

Eligibility Criteria

Company Tenure:
- SBF & Overdraft & Receivables: ≥ 3 years of operating history
- Contracting Finance: ≥ 4 years; project track record
- Syndicated Loans: ≥ 5 years; strong financials
Annual Turnover:
- SBF & Receivables & Overdraft: ≤ AED 10 million for SMEs
- Contracting Finance: No specific cap; project-driven
- Syndicated Loans: Typically > AED 50 million
Credit Profile: Clean banking conduct; satisfactory credit bureau rating
Sector Focus: Trading, manufacturing, contracting, logistics, healthcare, technology

Documents Required

Completed NBQ Business Finance application form
Valid Trade License, Commercial Registration, and Chamber of Commerce certificate
Memorandum & Articles of Association; Board resolution for corporates
Audited financial statements (last 2 years) and interim management accounts
Six months’ business bank statements
Emirates ID, passport, UAE visa copies of authorized signatories
Collateral documents: trade receivables, asset titles, performance bonds, as applicable
Project feasibility, contracts, and progress certificates for Contracting Finance

Additional Info

Government-Backed Guarantee: Up to 50% coverage on SBF under EDB program reduces cost and collateral needs
Unsecured Access: SBF, Overdraft, and Receivables without pledge for eligible SMEs
Flexible Tenors: Align financing tenor with asset life, project cycle, or invoice terms
Quick Turnaround: Streamlined approval for SBF and Receivables in 5–7 business days
Customized Structuring: Contracting Finance tailored to project cash flows with mobilization and retention structures
Large-Ticket Support: Syndicated Loans enable financing of major capital projects over multi-year horizons
Digital Banking: NBQ Connect for online application, drawdown, and account management
Dedicated Relationship Management: Specialized RMs with industry expertise deliver advisory and ongoing support