We, at FinHub, consult companies in securing banking facilities to manage their working capital requirements. We have remarkable networks with banks specializing in a wide range of financial techniques that help them devise solutions specific to their needs including Letters of Credit, Trust Receipts, Invoice Discounting, Overdraft, Islamic facilities - Murabaha, , Mushraka, Wakala, Term, Term Loan, Project Finances etc..

It is very common practice that banks will need various
requirements to be eligible to finance your business

How FinHub can support you in getting Bank Facilities

we will be able to support you as follow :

It is common practice for most of the banks in UAE to ask for 2 or 3 years audited financial statements report and since we are having listed auditors on our panel we will be able to provide the required audit reports to the banks

Bank Facility arrangements

Conditions to know if your business eligible
to get the bank facilities

Banks usually combine one or more conditions from the following

  • Average Monthly Credit Balance in Current Account of 100,000 or 250,000 and more
  • Any financing facility.
  • Minimum Length of Business is 3 years.
  • Minimum 2 years of involvement of Managing Partner in business.
  • Nil Cheque Return in last six months.
  • Minimum Annual Sales of AED 2 Million.
  • Annual sales turnover between AED 1 Million and AED 100 Million.

Bank Facility arrangements

Documents mostly required
by the banks

Here is a list of documents ask by banks.

  • Company profile and valid legal documents including
  • Passport copies of all owners
  • Commercial registration
  • Business and/or Trade License
  • Articles of Association or partnership documents
  • Chamber of commerce certificate
  • Audited financial statements for at least 2 or 3 years
  • Bank statements for 12 months
  • Facilities request letter
  • Any other documents (as required by the Bank)

Our Valued Clients