What are the documents required to get a business loan in the UAE?

The documents required for a business loan in the UAE can vary by lender, but typically include the following:

1. Business registration certificate: Proof of the business's legal registration and operating status in the UAE.

2. Financial statements: Recent financial statements, including balance sheets, income statements, and cash flow statements, demonstrate the financial stability of the business.

3. Proof of income: Documentation showing the business's revenue, such as invoices, bank statements, or tax returns.

4. Personal identification: Passport and visa copies of the business owner and key personnel.

5. Business plan: A clear and comprehensive business plan outlining the goals and strategies of the business and how the loan will be used.

6. Guarantor information: Details of any guarantors, including personal identification and proof of income, if required by the lender.

It's important to check with the lender for specific requirements and to provide accurate and complete information to increase the chances of loan approval.

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