Dubai consumers and businesses can get a wide range of lending options from credit cards and credit lines to high-interest payday loans. Other countries have little differences, which occasionally makes those who have spent a lot of time overseas Americans. One of the examples is a check discount, which is a freshman in China, but it is very common in other places.

Check Discounting in Simple Terms

In the simplest form of Cheque Invoice Discounting, financial institutions allow you to extract funds on checkings without waiting for checks. More complex discounts use long-term checks, creating the conditions equivalent to short-term loans for the amount and time frame of the check. Loan institutions usually charge the interest rate of the withdrawal amount, as well as different series of service charges between the agencies and countries.

SmeFin Loans

sme loan commercial vehicle loans ensure minimum formalities and flexible repayment periods that will put you in the driver’s seat quickly and conveniently.

Fast and Flexible Commercial Vehicle Loans in Dubai with SmeFin

When you are on the road, everything you need is get a car and more. Function Box Car Loan Lets you start your road trip with your dream car and a range of exclusive benefits and savings to ensure your unparalleled ownership experience. When you are on the road, everything you need is a car and more. Function Box Car Loan Lets you start your road trip with your dream car and a range of exclusive benefits and savings to ensure your unparalleled ownership experience.

We offer easy to pay emis on commercial vehicle loans with the very minimal interest rate.

Features and Benefits of SmeFin

• High loan amounts of up to AED 3,500,000


• Special low interest rates starting from 4.25% flat rate p.a.*


• Option of 90 day first payment holiday


• For companies with a one-time or recurring requirement for vehicles


• For companies with business interests in transport or non-transport sector


• Finance available across a wide range of vehicles:
  
  
  
  • passenger cars/ vehicles, light commercial and medium
  
  
  • commercial vehicles
  
  
  
  


• Finance may be extended through a loan or credit Facility


• Low Interest rate starting from 1.99% for salaried customers


• No salary transfer needed for salaried customers


• First installment after 60 days


• Flexible repayment periods up to 60 months


• Finance available for companies with 2 Years or more Length of Business


• Finance available for Insurance, Rustproofing, service and maintenance contracts, and GAP if required


• No hidden charges


• RAKdirect 24-hour phone banking support


• We provide auto loans for the following vehicle categories:
  
  
  
  
  1. New and used cars
  
  
  2. Sports and luxury cars
  
  
  3. Light commercial vehicles such as buses, pickups and trucks
  
  
  4. Motorbikes
  
  
  
  

Especially for your business overall needs, SmeFin construction equipment loan financing and machinery equipment loan UAE combines many great features and benefits to provide you with one of the most comprehensive solutions in the market. This product can be used to purchase new construction equipment and commercial vehicles in the UAE and register in RTA Dubai and Abu Dhabi to meet your Business Credit Card needs.