Business Banking
We evaluate your capital structure and other funding needs and offer the best alternatives. It begins with determining your working capital needs, moves through exact consideration of the best possibilities, and concludes with the selection and implementation of the best solution put forward. We offer the following services for corporate funding and SME financing:
Account Opening
You can simply access your money at any time through your Accounts and use a variety of currencies.
With banks of Standard Chartered, enjoy quick, easy banking with unlimited transactions in any of
the main world currencies.
BUSINESS ACCOUNTS
A bank account is a must for both newly founded and established businesses, and we help our clients select the best bank in the UAE to open the bank account with a straightforward process and within a reasonable time limit.
For certain types of businesses, several banks in the UAE now provide zero balance accounts (bank restrictions and fees apply).
We evaluate the clients' accessible documents and advise them to gather the remaining paperwork before applying with the appropriate banks, which ultimately leads to a lower rejection rate and quicker processing than waiting a few months to open a business account.
Financial Services
We Offer Authentic Financial Services!
Lenders in the UAE (Banks and FIs) offer business loans and financing to meet your expanding
business needs, such as
working capital needs,
capex, business expansions, etc.
POS Loans
For businesses who use credit card Point of Sale (POS) devices for regular business transactions and are looking for a boost in working capital, inventory purchases, business expansion, the acquisition and upgrade of equipment, etc., a POS Loan is one of the finest possibilities. These companies can use their Point of Sale (POS) receivables as collateral for loans.To increase your working capital, we can arrange this loan.
- A versatile financing choice for merchant companies that regularly process credit card transactions.
- Up to six times the average monthly transaction are available in loan amounts.
- Credit is granted entirely at the bank's discretion and following the presentation of valid documentation.
- Future POS receivables financing through a loan
SME's Bussiness Loans
Nearly all small and medium-sized businesses aim to increase growth and expand. It will take additional funding to accomplish that. For you, we can set up SME and commercial financing.
Ones of our SME banking services are-
- SME loan/Cash loan
- Supplier payment
- Merchant loan
- Machinery loan
Business Loans
Businesses have the ability to progress from good to great. Depending on which bank is supplying you with the facility, business finance is a type of unsecured instalment-based product that can range from a maximum of 36 to 72 months' installments. It has been created to meet the requirements of small enterprises for operating cash and business expansion.
You are qualified for a business loan if you own a business and have successfully operated it for one year (starting from the date of involvement as per legal documents), with a minimum annual turnover of AED 1 million. At Asset Alliance, we thoroughly examine your profile and offer you the best solutions at the most affordable prices that meet your needs.
We Give Business and Finance
Counseling Services
We work with you for your financial necessities and help you and the banks or other
loaning foundations for getting Business Loans
Bussiness Finance
Documents needed to apply for a Business Loan are listed below:
- All-pages trade license
- All partners' passports, visas, and Emirates IDs
- Every version of the Agreement of Association, Service Agency Contract, Partnership Agreements, Board Decisions, POAs, etc.
- Tenancy agreement for an office, warehouse, or shop VAT certificates, VAT reports, and payment receipts for the previous four quarters Invoices for purchases and sales from recent months, all with running Contract-LPO copies.
- Current month Phone bill for the organization's telephone
- Employee list and WPS receipts from the previous three months (evidence of salary payment)
- Offer Current Loans/Facility Letter Copies from all Banks and FIs.
- Any applicable sister company trade licenses.
Documents needed to apply for a POS Loan are listed below:
- The bills for assets acquired
- Report on Asset Valuation
- You also need hypothecation paperwork, etc.
- Income letter from POS
- Copy of a Merchant Agreement
- Additionally needed is the POS assignment letter, etc.
- All-pages trade license
- All partners' passports, visas, and Emirates IDs
- Every version of the Agreement of Association, Service Agency Contract, Partnership Agreements, Board Decisions, POAs, etc.
- Tenancy agreement for an office, warehouse, or shop VAT certificates, VAT reports, and payment receipts for the previous four quarters Invoices for purchases and sales from recent months, all with running Contract-LPO copies.
- Current month Phone bill for the organization's telephone
- Employee list and WPS receipts from the previous three months (evidence of salary payment)
- Offer Current Loans/Facility Letter Copies from all Banks and FIs.
- Any applicable sister company trade licenses.
You will need the following documents to open an account:
- All-pages trade license
- Every version of the Agreement of Association, Service Agency Contract, Partnership Agreements, Board Decisions, POAs, etc.
- All partners' passports, visas, and Emirates IDs
- Passport and EID (if applicable) of the local sponsor
- Last year's bank statement for the signatory's personal or current business account.
- Tenancy agreement for a warehouse or office
Installation of POS Technology
In the present market, POS (Point of Sales) machines are a must in any cash-based business sector. POS machines issue receipts and accept all major credit and debit cards in addition to keeping track of transactions. The point-of-sale systems have improved through time and are now more user-friendly and sophisticated. We help our customers select the best POS equipment that fits their business's needs.
Partake in an elite client experience
when you bank with us.
To convey the help you really want we might want to find out about you and your organization.
So, contact us and Our colleague reach you personally.
Location
Any More Questions? Get In Touch With Us!
Address
Oud Mehta,Dubai - UAE
Our Hours
10:00 AM – 17.00 PM
Monday – Friday