Emirates Emirates financial loan money in exchange for POS Interest rate of 14% The minimum annual sales of 300,000 dirhams Diminishing percentage of 14% Duration of employment? 1 year / year Fixed rate 7.72% Wonderful for • the amount of funding is high • long repayment period of up to 48 months • available until 3 months be aware of • Aojadded minimum extent required for annual sales • You must be the age of the company at least a year to be eligible for this funding Key Features • the amount of funding is high • long repayment period of up to 48 months • available until 3 months • obtain the prior approval of the credit card business Necessary documents • A copy of the passport and residence • bank account statements for the last 6 months • A copy of the commercial Alchhadrh and Memorandum of Association • Authorization • Financial Audit Features Overview • Amejrd filings successfully, funding needs to be a period ranging from 3-5 working days for approval • an annual interest rate starts from 14% to 16% based on the declining balance, and varies according to the file and put the customer. • Fixed rate for this financing is 14% and the dwindling proportion equivalent to the fixed rate is 7.72%. Diminishing percentage is calculated by multiplying the fixed rate to 1.814 and this calculation only to denote • early settlement fee of 5% of the remaining balance • transaction fee of 2% of the total amount of funding • repay financing for up to 48 months • The maximum funding is provided AED 2,000,000 • Minimum of funding provided is 50,000 dirhams • You must be at least the age of the company in order to be eligible for funding • There is no ceiling on annual sales of the requirement to qualify for this funding • You must have a minimum annual sales volume of 300,000 dirhams the company to be eligible for this funding. • Do not represent a credit card is part of the benefits of the funding? • You do not need to have to have a bank account in order to apply for trade finance • Unsecured
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