Asset Financing
Stay profitable and upgrade your assets with financing linked to cash flows.
Stay profitable and upgrade your assets with financing linked to cash flows.
Asset Financing
At NBQ, we understand that upgrading your assets & equipment is vital to continue meeting the growing demand and stay profitable. We offer a range of products to suit the needs of the expanding enterprise
Features and Benefits
- Offers a long term financing solution linked to the cash flows of the project
- Dedicated NBQ Current Account with no minimum balance requirements
- Straightforward documentation
Eligibility
- UAE-registered businesses in operation for at least 4 years
- Annual sales turnover in excess of AED 50,000,000
- Reasonable down payment
- Modest collateral requirements
Documents required
- Bank’s credit application form to be filled. Please contact any bank branch in this regard.
- Copies of Trade License and other commercial documents.
- Memorandum of Association/POA as applicable.
- Identity copies of all partners, including Passport Copies and Emirates ID.
- Audited financial statements for last three years and interim financial report
- Bank statements
- Feasibility study, if any
- Other documents at the discretion of the Bank.
Current Account
NBQ's Business Current Account is available in major currencies and is the ideal solution for managing your day-to-day business transactions.
Working Capital Finance
Get a pay-as-you-go overdraft facility. Manage your cash flow and enhance your returns.
Contract Financing
Finance your projects from planning to completion, with straightforward documentation.