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 7 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 13 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 approval of the Commercial Facilities Department.

Customer Care