Business Finance Built Around Your Requirements
Businesses often require funding at different stages of their growth. You may need additional working capital to manage cash flow, finance expansion, purchase business assets, support new projects or strengthen your financial position. The right financing structure depends on factors such as your business activity, financial performance, banking history, cash flow, existing liabilities and the purpose of the funding. Prime Trust helps you navigate these considerations and approach relevant financial institutions with greater preparation and clarity.
What Can Business Finance Be Used For?
How Business Loan Eligibility Is Typically Assessed
Financial institutions may consider a combination of factors, including:
Documents for Business Finance Applications
Depending on the business and the financial institution, commonly requested documents may include:
Company Documents
- Trade licence
- Certificate of incorporation
- Memorandum & Articles of Association
- Shareholding documents
- Company profile
Financial Documents
- Bank statements
- Audited financial statements, where applicable
- Management accounts, where applicable
- VAT returns, where applicable
- Existing loan/facility statements
Business Information
- Business profile
- Details of business activities
- Customer/supplier information
- Contracts or purchase orders, where applicable
- Business projections, where applicable
Owner / Shareholder Information
- Passport
- Emirates ID, where applicable
- Residency documents, where applicable
- Personal financial information, where required
From Requirement to Financing
Understand Your Requirement
We understand why you need funding and how much you are looking to finance.
Review Your Business Profile
We consider relevant business, financial and banking information.
Discuss Potential Options
We help you understand potential financing structures that may be relevant.
Prepare Your Application
We assist with organising the required information and documentation.
Application & Coordination
We coordinate with the relevant financial institution during the application process.
Review & Decision
The financial institution conducts its assessment and makes the final decision.
Why Business Financing Applications Can Become Difficult
Businesses may face challenges such as:
- Incomplete financial documentation
- Weak or inconsistent cash flow
- High existing liabilities
- Limited operating history
- Unclear purpose of finance
- Poor banking conduct
- Complex ownership structures
- Inadequate explanation of business activities
- Insufficient supporting documentation
Prime Trust helps you understand these considerations and prepare your requirements more effectively.
Professional Guidance Through the Financing Process
Prime Trust provides:
Frequently Asked Questions
Potentially, depending on the business profile, operating history, financial information, and the financial institution’s criteria. Newly established businesses may have fewer financing options than established businesses.
Currently, unsecured business loans may be available from AED 100,000 to AED 5 million, depending on the business turnover. The potential financing amount depends on factors such as turnover, profitability, cash flow, existing liabilities, business history, and the purpose of the finance.
Yes. Existing liabilities are generally considered as part of the overall assessment process. Eligibility for additional or new financing will depend on factors such as business turnover and the lender’s criteria.
Audited financial statements are not mandatory for all banks. This depends on the lender’s requirements and the business profile.
The timeline varies depending on the financial institution, business profile, documentation, and complexity of the application.
Yes. We can help you understand and organise additional information requested during the application process.