Overview
Business Term Finance, our award-winning business package, is more than a business lending financial offer.
It also offers an advisory tool that helps SMEs manage their finances and support their business growth through every step of the journey, combining purpose-specific business products to allow more efficient growth, saving valuable time and money through one consolidated and comprehensive Shari'ah compliant solution.
Business Term Finance: product offerings
- Business Installment Finance : Short to medium term business installment facility with fixed monthly repayments with a choice of tenures between 12 months to 48 months. Find out more.
- Fixed Assets Finance: We help you to equip your business for success and to build your business ambitions. Find out more.
- Goods Finance: We will help you with financing your business goods and inventory by increasing purchase power. Find out more.
All Business Finance Products provide access to a common collateral-free credit limit of up to AED 1 million.
Features and benefits
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Flexible limits with high finance amount of up to AED 1 million for new customers and up to AED 2 million for Top-ups and Buyouts.
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No collateral or security requirements. Hassle-free access to finance with minimum formalities.
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Fair and very competitive pricing, with a commitment to maintain fees and profit rates at reasonable pricing among the market.
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Fully Shari'ah compliant financing solution available.
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Convenience: All repayments are automatically direct debited from your CBD Business Bank Account.
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Flexible repayment tenure: up to 48 months.
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Finance top up facility after 12 months of satisfactory finance performance.
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Dedicated relationship managers to manage your day to day business accounts.
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Access to all CBD branches for your day to day banking transactions.
Eligibility criteria
| Open to all registered business entities operating in the trading, manufacturing, professional or service sectors. |
| Business operating for at least two years, with annual sales turnover of AED 2,000,000 or over. |
| Minimum of 6 months relationship with CBD or another bank, maintaining a minimum bank account balance of AED 40,000. |
Business Term Finance
Required documents
- National ID or valid passport with UAE residence visa and Emirates ID of all signing authorities and shareholders, if applicable
- Valid legal and constitutive documents (i.e. Trade License, Certificate of Commercial Registration, Free Zone Certificate of Incorporation, Memorandum of Association, Partnership Agreement) as applicable
- Power of Attorney or Board Resolution, if applicable
- Proof of Address
- Details of Ultimate Beneficial Owners
- Bank Reference Letter and Company Profile, if applicable
- No requirement for audited financial statements
- 12 months original bank statements for the business entity
Related products
Commodity Finance
We provide a set of financial instruments available to companies involved in the production, processing, or trading of commodities.
Trade Services
At CBD Al Islami, we understand that trade finance is more than just financing transactions.
Guarantees
Guarantees from Commercial Bank of Dubai provide your business with a robust financial safety net, ensuring your commercial commitments are met with unwavering reliability.
Download CBD App - and open an account in minutes.
Access your financial future from the palm of your hand.
Other ways to connect
Accessibility