SME

Innovative and flexible products designed to help small businesses grow.
Innovative and flexible products designed to help small businesses grow.

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

Additional benefits

  • 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
  • Perforated rate to finance all types of vehicles including 4X4's and pick-up trucks

Fees and Charges

  • Processing Fees will apply.

Eligibility

Business enterprises located in free  zones and industrial area


Documentation

  • 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.

Read more
Salary Wage Protection System (WPS)

Save hours. Automate your salary processing with NBQ online

Read more
Small Business Finance (SBF)

Collateral-free loans available.

Read more
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