Our Services

Asset Finance – As name describes, it’s a loan backed on fixed assets such as machines (registered or non- registered), heavy vehicles, property, land etc. Banks/ FIs will evaluate the value of asset and decide upon the eligibility. Rate of interest/ profit rates are lower for Asset finance as compared to the unsecured loans. Post disbursal of finance, asset hypothecation is required against the approved amount.

POS Finance – As name describes, its POS (Point of Sales machine) backed loan/finance which is provided
based on POS transactions and post disbursement of POS loan/Finance, particular POS
machine to be hypothecated to the respective bank who provide the loan/finance. There are
many POS providers in UAE such as Network International, FAB, ADIB, Mashreq Bank, RAK
Bank, ADCB etc. and POS loan/Finance is calculated based on average monthly POS income
routed to company account via POS terminals.

List of documents are similar to business loans and addition to that the following documents are required:

• Asset purchase invoices
• Asset Valuation report
• Hypothecation documents etc. are also required.
• POS income letter
• Merchant Agreement copy
• POS assignment letter etc. are also required.