Business loan fromAED 50K - AED 500k
Decisions typically in72 hrs
Borrow over3 mths – 2 yrs
Take your company to the next level with finance thatStart borrowing
Quick and EasyApply in minutes and get approved in 72 hours.
Transparent PricingClear and transparent pricing without hidden fees.
No Prepayment FeesRepay your loan early with no extra cost.
World Class ServiceOutstanding customer service.
Apply onlineSubmit an online application in 5 minutes.
Get approvedAfter assessing a successful application, we will send you an offer within 72 hours.
Receive FundsOnce you accept our offer, we will launch a fundraising campaign. You will get the funds within 24 hrs of completion.
RepaymentsPay monthly, or settle your obligations early with no extra fees.Start borrowing
Working in the diesel trading industry requires continuous maintenance of our premises to ensure safety of our operations. In the pandemic our cashflows got affected and we reached out to Funding Souq. The team was very quick and transparent in responding to our needs.
Arbab Kamal Ahmad,CEOShining Star Diesel
Our vision is to expand and provide logistic services all around the world. For our UAE operations, Funding Souq has been a reliable funding partner as they quickly acted on our finance need. I look forward to working with Funding Souq in the future again.
Freight Move Logistics,CEOTinil Mukkalitharayil Markose
This is the third time we borrow from Funding Souq and overall the experience has been positive. The funds helped us secure a large project that really moved the needle for our company.
Pansoft Technologies,CEOMohammed Nazim Shaikh
The profit rate varies depending on the internally generated risk rating and the tenure of the fund. Additionally, the borrower pays a one-off origination fee that varies between 2-5%.
Yes, businesses can have more than one facility at any point in time. However, a business must have made several successful repayments on their existing facility prior being approved for a second facility.
Businesses undergo a due diligence process that is led by the credit team. The risk assessments analyse business and financial performance as well as qualitative facts such as the strength of the management team, industry sentiment and others. The process also includes a site visit.
Repayments can be settled early with no penalties.
Repayments can made either be processed electronically through bank transfers or post-dated cheques can be issued in line with UAE banking practices.