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Business Finance

Business Finance provides small and medium sized companies the freedom to soar to greater heights.

  • Collateral Free
  • High Finance amounts of up to AED 3 million*
  • Flexible repayment periods of up to 60 months*
  • Low Profit rates
  • Minimum documentation
  • Quick approvals

Apply for a Business Finance now - email us at [email protected]

For more information, please call us on 04 - 213 00 00.

 SMS ' BL' to 7011
  • Last Monthly Commitment amount may vary depending on moratorium period, payment delays and etc.
  • Finance tenor may vary post sanction depending on Monthly Commitment deferrals sought from the Bank, Monthly Commitment date change requests, payment delays and pricing variation, if any.
  • If you fail to make any payment due under the Finance or otherwise breach our terms, we reserve the right to repossess the asset, if applicable and liquidate / sell the same to settle the outstanding amount.
  • Not more than 2 deferrals of Monthly Commitment are allowed in a year.
  • The Bank may reject requests for Monthly Commitment deferral if payments are irregular or if there are 4 cheque / direct debit system (DDS) returns in the last 12 months or if the request does not meet the Bank’s internal risk policy requirements. 

You need to:

  • Pay all Monthly Commitment and other amounts due on the due dates without delay;
  • Review this document and all other terms & conditions set out in the application form in detail;
  • Regularly check our website  www.rakbank.ae for updates;
  • Notify the Bank in writing if there is a change in your business income details, contact details, postal or location address, financial details, change in business activity or any other material information as declared in the application form or otherwise conveyed to the Bank;
  • Notify the Bank in writing prior to making any changes to ownership or management of the Company as was declared in the application form and seek consent; and
  • Notify the Bank in writing if you wish to prepay your Finance prior to its maturity.
  • The Bank may amend the features, fees, charges, terms & conditions of the Finance on 60 days’ notice to you in advance.
  • The Bank may amend the profit rates for the Finance on 30 days’ notice to you in advance.


  • An approval for the Finance once processed, is only valid for 30 days from the date of approval, and the Finance disbursal must be completed before that so as not to lose time, failing which re-approvals need to be sought internally.
  • The appointed Agent shall sign the relevant documents and undertaking on your behalf as per Salam structure. 
  • If you pay off the Finance prior to the due date, you will pay prepayment charges at the rates described in the Service & Price Guide. 
  • If you are late in payment or fail to make a payment on the due date, you will pay a donation fee at the rates described in the Service & Price Guide.
  • If you fail to make a payment, or otherwise breach the Finance terms, this will be considered a default and the Bank will be entitled, among other things, to:
    • (a) Charge a donation amount of 2%p.a. for noncompliance to finance sanction terms;
    • (b) Cancel the Finance and demand full delivery of the outstanding commodities immediately;
    • (c) Report the default to the appropriate regulatory authorities including the UAE Central Bank and Al Etihad Credit Bureau and credit rating agencies, which will affect your credit rating; 
    • (d) Bring legal proceedings against you.

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