How much deposit for business loan in Dubai?
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Task Master Gulf, Taskmaster Commercial Broker LLC | Loan brokers in Dubai 
Answered on March 02,2023
The deposit amount required for a business loan in Dubai can vary depending on several factors, including the type of loan, the lender, and the borrower's creditworthiness. Generally, lenders in Dubai may require a deposit of anywhere from 5% to 30% of the loan amount.
For secured loans, where the borrower provides collateral to secure the loan, the deposit requirement may be lower. Unsecured loans, where no collateral is provided, may require a higher deposit to offset the risk to the lender.
It is important to note that deposit requirements are just one factor to consider when evaluating loan options. Borrowers should also consider the interest rate, repayment terms, and any other fees associated with the loan.
It is recommended that borrowers shop around and compare loan options from multiple lenders to find the best financing solution for their business needs.
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