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How much is a small business loan in Dubai?

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Task Master Gulf Task Master Gulf, Taskmaster Commercial Broker LLC | Loan brokers in Dubai verified
Answered on March 06,2023

The amount of a small business loan in Dubai can vary depending on several factors, including the lender, the business's financial history and creditworthiness, the purpose of the loan, and the repayment terms.

In general, small business loans in Dubai can range from AED 50,000 to AED 5 million, but some lenders may offer loans up to AED 10 million or more. The interest rates on small business loans can also vary depending on the lender and the loan terms, but they typically range from 6% to 15% per annum.

It is important to note that the loan amount and interest rate are subject to change based on the lender's policies, the business's credit score, and the purpose of the loan. Small business owners in Dubai should carefully evaluate their financial needs and explore multiple lenders to find the best loan options that suit their business requirements.

 

 

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