ASEEL BUSINESS FINANCE

"The right solution for the right reason."

Aseel Business Finance

Aseel Business Finance

A capital assistance that helps you to conduct your business transactions with agility and assurance.

Manage your cash flow effectively and benefit from excellent market opportunities. Helping you to face any expense with confidence.

Aseel Finance provides Shariah-compliant solutions that assure 100% satisfaction with high facility amounts and flexible repayment periods.

To view the fatwa on the Business Finance products, please click here, here and here.

Top Features

BUSINESS EXPANSION & CASH FLOWS

By offering you the flexibility of extra funding, we will help you to grow your business, increase your brand recognition, create additional value and improve sales through successful business expansion.

INCREASE SOLVENCY AND LIQUIDITY

Effective business decisions depend on the availability of funds. Aseel Business Finance creates an opportunity to fulfil short-term and long-term financial commitments in time for your business success. Avoid bankruptcy and insolvency. Avoid damage to your business’s reputation. Aseel Business Finance is there for you.

DAY-TO-DAY PAYMENTS

Aseel Business Finance provides convenient access to cash for daily purchases and expenses such as bill payments, utilities and maintenance,and repairs. We will help you to cope with any unforeseen financial situations. As in any sound business, timely payments aid in developing trust and maintaining a good reputation. Maintain your reputation with our help.

FREE TAKAFUL BENEFITS

We can help you protect your business against unforeseen incidents. In order for your business to run smoothly, enjoy our exclusive Free Life Takaful coverage offered by Aseel Business Finance to the key person in your business or the business owner. Enjoy Life with Free Life Takaful.

cash

BUSINESS EXPANSION & CASH FLOWS

By offering you the flexibility of extra funding, we will help you to grow your business, increase your brand recognition, create additional value and improve sales through successful business expansion.

liq

INCREASE SOLVENCY AND LIQUIDITY

Effective business decisions depend on the availability of funds. Aseel Business Finance creates an opportunity to fulfil short-term and long-term financial commitments in time for your business success. Avoid bankruptcy and insolvency. Avoid damage to your business’s reputation. Aseel Business Finance is there for you.

daily-payments

DAY-TO-DAY PAYMENTS

Aseel Business Finance provides convenient access to cash for daily purchases and expenses such as bill payments, utilities and maintenance,and repairs. We will help you to cope with any unforeseen financial situations. As in any sound business, timely payments aid in developing trust and maintaining a good reputation. Maintain your reputation with our help.

takaful-benefits

FREE TAKAFUL BENEFITS

We can help you protect your business against unforeseen incidents. In order for your business to run smoothly, enjoy our exclusive Free Life Takaful coverage offered by Aseel Business Finance to the key person in your business or the business owner. Enjoy Life with Free Life Takaful.

BUSINESS FINANCE CALCULATOR

Facility amount

AED

Profit rate

%

Prefered payment tenor

months
Estimated payment is AED 0 per month

Business Instalment Finance

Expand your business with Aseel Instalment Finance. Our product is curated to meet your specific financial needs to help you make long term investments while building your equity.

Equipment finance

Give your business the equipment it needs with Aseel General Equipment Finance.

 

Your business often requires a versatile range of goods and equipment. With Aseel Equipment Finance, virtually any equipment, whether it’s general or medical, can quickly become part of your business without becoming a burden on your important cash flow.

Run your business smoothly - The correct type of equipment will enable your business to deliver your products and services efficiently and on time.

Multiple equipment financing - going to different financiers for a variety of equipment financing can be very time consuming.

At Aseel, you can save time by taking advantage of the multiple financing options available for the different types of equipment and goods, all under one roof.

Meet your business objectives - Your business requirement for any type of goods or equipment can now be financed, achieving your business goals is now easier.

Free your cash - Financing your equipment will allow your cash to become available for your business. The money that would have gone into buying a business vehicle can now be used to grow the core business.

Free Takaful benefit - Protect your business in the event of any unforeseen incident. With Aseel Equipment Finance, we provide you with free takaful to the key person or the business owner in the event of any unfortunate or unforeseen incidents.

Inventory and Raw Material Finance

Maintain crucial business inventory with Aseel.

 

Inventory and raw material shortfall is something that any business can avoid, given that this is the starting point for all of your business activities. Avoid this situation and alleviate cash flow concerns with excellent inventory and raw material financing through Aseel Islamic Finance.

Availability of inventory and raw material - Gives your business a competitive edge as your stock is at your disposal and you can plan your business activities accordingly.

Bulk buying When you buy inventory and raw materials in bulk, it not only means that you have constant availability to your inventory of raw materials, it can also result in supplier discounts.

Free your cash - Financing frees up your cash to be used more efficiently in your business. Money that would have gone into purchasing stock and raw materials can now be used to grow the core business.

High efficiency - An efficient business model heightens your operational performance, leading to greater productivity. Purchasing the right amount of inventory and in a wide range, work hand in hand to help become more efficient with time. This allows you to concentrate on those activities that are most important to running your business effectively.

Free Takaful benefit - Protect your business in the event of any unforeseen incidents. With the security of Aseel Inventory and Raw Material Finance, we provide you with free takaful to the key person or business owner in the event of any unfortunate or unforeseen incidents.

Services Finance

Defer service expenses such as building maintenance, logistics and more, to improve liquidity and maintain a healthy cash flow with Aseel Services Finance.

Free Takaful benefit - Protect your business in the event of any unforeseen incident. With Aseel Services Finance, we provide you with free Takaful for the key person or the business owner in the event of any unfortunate or unforeseen incidents.

FEES & ELIGIBILITY

S.No. Particulars Profit Rate/Charges
1 Profit Rate Starting from 21%
2 Processing Fee (of facility amount up to) 2%
3 Early Settlement at Selling Price Outstanding Balance Nil
4 Early Settlement at Full Principal Outstanding Balance 5%
5 Clearance Letter AED 100
6 Balance Confirmation Letter / Liability Letter AED 500
7 Post Dated Cheque/Security Cheque Replacement AED 250
8 Late Payment (p.a. on the deferred sale price remaining due and unpaid) 2%
9 Facility Schedule(s) / Statement AED 250
10 Facility Restructuring (processing fee) 2%

 

Please note

Late payment fee shall be donated to charity after deduction of Aseel Finance’s duly documented and reasonably incurred actual costs

All fees and charges mentioned in this guide are subject to change without notice and are applicable on facility account. Once posted, charges will not be refunded. Additional expenses, e.g. postage, cable courier, fax, legal fees, etc., will be charged wherever incurred. Charges for services not indicated in this guide are available on request.

For any enquiries on charges, please call 800 ASEEL (27335).

Charges are effective as of 19th April, 2015.

Terms & conditions apply.

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