In order to meet the different financial requirements of our customers, we provide 2 types of SME finance:
I. Finance up to QAR 1.5 million:
- Finance duration is offered up to a maximum of 5 years depending on the type and nature of the product. Typical finance durations range from 1 and a half to 3 and a half years.
- Down payment up to 20%.
- Flat profit rate.
- Grace period depends on the nature of the product and can be extended to 6 months.
II. Finance from QAR 1.5 million to QAR 15 million:
- Finance duration is offered up to 5 years maximum and depends on the nature of the product.
- Down payment up to 30%.
- Flat profit rate.
- Grace period depends on the nature of the product and can be extended to 6 months.
Documents required for companies:
- Last three audited balance sheets.
- A copy of commercial record.
- Municipality license.
- A copy of establishment record
- A six-month statement of account.
- Equipment/machine contract rent.
- A copy of ID Cards of partners.
All transactions are subject to the approval of the Business Development Department.
Please click here Corporate Facilities Application to download the application form
* terms & condition apply
