Small & Medium Enterprises (SME)
NBQ has developed a special financing program to help small and medium sized businesses purchase and build their own land to set up a factory , warehouse, offices, labor camps, finance in working capital and any business venture
Features and Benefits
- Flexible repayment period
- Competitive interest rates
- Easy processing and documentation requirements
- Business Current Account with no minimum balance requirement
- Labour Guarantee Services for work permits are issued with no charges of Ministry of Human Resources and Emiratisation
- Personalized cheque book available
- Fixed Deposit Accounts
- Call account facility available
- Wage Protection system (WPS) Salary card for your employees, with competitive rates and online notification to the Ministry of Human Resources and Emiratisation
- Access to a wide range of branches and Electronic Banking branch units across the UAE
- Free online banking to access a wide range of banking services
- Free Visa Gold and Classic Cards with a 90% cash withdrawal facility
- Competitive rates to finance all types of vehicles including 4X4's and pick-up trucks
Fees and Charges
- Processing Fees will apply.
Business enterprises located in free zones and industrial area
- Copy of Passport + Emirates ID + Trade License
- Bank Statement.
- Copy of Title Deed.
- Audited Balance Sheet ( if available )
- Other documents may be requested at the discretion of the Bank
Terms & Conditions Apply
Labor Guarantee Service
Make hiring employees easy and straightforward. Fee-free labour guarantee.
Salary Wage Protection System (WPS)
Save hours. Automate your salary processing with NBQ online