+971 56 414 8305
+971 56 414 8304
info@credfix.ae
+971 56 414 8305
+971 56 414 8304
info@credfix.ae
For newly start-up companies and established companies, a bank account is a compulsory requirement, and we assist our clients to choose the best bank in UAE to open the bank account with a hassle-free processing and standard time frame.
Some of the UAE banks are now providing zero balance account also for kind of companies (bank policies and charges apply).
We analyse the available documents of clients and advise them to have the remaining documents / information before applying with respective banks which in effect results in minimum rejection and fast processing rather than waiting for couple of months to open the business account.
Lenders in UAE (Banks and FIs) provide business loans/ finance to support your growing business
needs such working capital requirements, capex, business expansions etc. Before you apply for a
business loan you need to know all the options available to business loan such as cash loan, short
term loan, unsecured loan and secured loan.
If you own a business and you have successfully completed 1 year in business (from date of
involvement as per legal documents), with a minimum turnover of AED 1 million per annum, you are
eligible for business loan. At Credfix, we study your complete profile and provide you with the best
solutions that suits your requirements at best possible costs. Below are the initial documents
required to start the process and more documents may require at further processing stages.
For the support of your trading needs such as Letter of Credit, Invoice Discounting, Cheque Discounting, Shot Term Loan for supplier payments, Bank Guarantees, Performance Guarantees etc. are being provided by UAE banks. Facility limit is based on company’s financials, length of business, market trend, industry standards etc. and approved limit is being reviewed & renewed every year.
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.
Bookkeeping, Accounting, and Auditing are necessities of every company whether it is SME and corporates. Bookkeeping, accounting, and auditing clerks are financial record keepers which helps to analyze the financial position of a company at any point of time. They update and maintain accounting records, including those which calculate expenditures, receipts, accounts payable and receivable, tax calculations and profit and loss. We help our clients to maintain the accounting, auditing, and bookkeeping service.
POS (Point of Sales) machines are a must requirement in any cash-based business industry in current market, POS machine accepts all kinds of credit and debit card payments and issues receipts along with maintaining transactions. The POS machines have evolved with time and now are more user friendly and advanced. We assist our clients to choose best suitable POS machine which is matching with profile of the company.
VAT (Value Added Tax) was introduced in the United Arab Emirates on 1 January 2018. The general VAT rate is 5% and applies to most goods and services, with some goods and services subject to a 0% rate or an exemption from VAT (subject to specific conditions being met).
We help our on boarding start-up companies as well as established companies in registration, filing. Voluntary disclosures, fine-payments, amendments & cancelations etc.
To get the Tax Registration Number (TRN), businesses must submit all the documents required for VAT Registration.
Financial planning and analysis (FP&A) are a set of planning, forecasting, budgeting, and analytical activities that support a company’s major business decisions and overall financial health. Every businessman should plan his finance to have a complete control on the business. We assist our clients to make their financial plans better in accordance with their current financial position and expected results. We are tied with a team of financial experts who can give customized financial solutions to each customer.
Al Etihad Credit Bureau in UAE provides credit reporting to help you understand your financial obligations and credit worthiness. A company as well as individuals can get their AECB reports and most of the banks in UAE review the AECB reports of companies and individual partners to analyse the financial obligations and credit worthiness at the time of applying any kind of banking products.
In the UAE, a score of 300 to 619 is typically considered to be “poor”, while 620 to 679 can be interpreted as “fair”. A “good” score is generally in the range of 680 to 730 and if you have a score above 730, it is judged as “excellent”.
We assist our clients to understand their credit score & details in AECB reports and advise them to resolve the issues in AECB which is resulted in low scores, rejections of applications from banks etc.
For newly start-up companies and established companies, a bank account is a compulsory requirement, and we assist our clients to choose the best bank in UAE to open the bank account with a hassle-free processing and standard time frame.
Some of the UAE banks are now providing zero balance account also for kind of companies (bank policies and charges apply).
We analyse the available documents of clients and advise them to have the remaining documents / information before applying with respective banks which in effect results in minimum rejection and fast processing rather than waiting for couple of months to open the business account.
Lenders in UAE (Banks and FIs) provide business loans/ finance to support your growing business
needs such working capital requirements, capex, business expansions etc. Before you apply for a
business loan you need to know all the options available to business loan such as cash loan, short
term loan, unsecured loan and secured loan.
If you own a business and you have successfully completed 1 year in business (from date of
involvement as per legal documents), with a minimum turnover of AED 1 million per annum, you are
eligible for business loan. At Credfix, we study your complete profile and provide you with the best
solutions that suits your requirements at best possible costs. Below are the initial documents
required to start the process and more documents may require at further processing stages.
For the support of your trading needs such as Letter of Credit, Invoice Discounting, Cheque Discounting, Shot Term Loan for supplier payments, Bank Guarantees, Performance Guarantees etc. are being provided by UAE banks. Facility limit is based on company’s financials, length of business, market trend, industry standards etc. and approved limit is being reviewed & renewed every year.
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.
Bookkeeping, Accounting, and Auditing are necessities of every company whether it is SME and corporates. Bookkeeping, accounting, and auditing clerks are financial record keepers which helps to analyze the financial position of a company at any point of time. They update and maintain accounting records, including those which calculate expenditures, receipts, accounts payable and receivable, tax calculations and profit and loss. We help our clients to maintain the accounting, auditing, and bookkeeping service.
POS (Point of Sales) machines are a must requirement in any cash-based business industry in current market, POS machine accepts all kinds of credit and debit card payments and issues receipts along with maintaining transactions. The POS machines have evolved with time and now are more user friendly and advanced. We assist our clients to choose best suitable POS machine which is matching with profile of the company.
VAT (Value Added Tax) was introduced in the United Arab Emirates on 1 January 2018. The general VAT rate is 5% and applies to most goods and services, with some goods and services subject to a 0% rate or an exemption from VAT (subject to specific conditions being met).
We help our on boarding start-up companies as well as established companies in registration, filing. Voluntary disclosures, fine-payments, amendments & cancelations etc.
To get the Tax Registration Number (TRN), businesses must submit all the documents required for VAT Registration.
Financial planning and analysis (FP&A) are a set of planning, forecasting, budgeting, and analytical activities that support a company’s major business decisions and overall financial health. Every businessman should plan his finance to have a complete control on the business. We assist our clients to make their financial plans better in accordance with their current financial position and expected results. We are tied with a team of financial experts who can give customized financial solutions to each customer.
Al Etihad Credit Bureau in UAE provides credit reporting to help you understand your financial obligations and credit worthiness. A company as well as individuals can get their AECB reports and most of the banks in UAE review the AECB reports of companies and individual partners to analyse the financial obligations and credit worthiness at the time of applying any kind of banking products.
In the UAE, a score of 300 to 619 is typically considered to be “poor”, while 620 to 679 can be interpreted as “fair”. A “good” score is generally in the range of 680 to 730 and if you have a score above 730, it is judged as “excellent”.
We assist our clients to understand their credit score & details in AECB reports and advise them to resolve the issues in AECB which is resulted in low scores, rejections of applications from banks etc.
Please leave a message and we will get back to you