SME Finance

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.

* terms & condition apply