QNB tailored products for SMEs in the manufacturing sector:
-
Term loan: Financing purchases of land premises, plant construction/refurbishment and equipment at competitive rates and with fast approval
-
Multi-Product Package (MPP): Providing a range of credit facilities up to QR10m
-
Infrastructure Loan: Financing the construction of a new manufacturing plant, offices, warehouses or renovation of existing ones to finance the purchase and acquisition of the assets of an existing manufacturing plant
-
Working Capital Finance: Financing daily operations with short-term loans or overdraft to pay for F&B, consumables, rent, salaries and general operating costs
- Raw Material Finance: Financing raw material from local/international markets
- Vehicle Loan & Vehicle Lease: Vehicles for business use and guest transport
-
SMEs Credit Card: Better management of your cash flow
-
Al Dhameen: Helping startups and SME owners obtain easier access to financing
Eligibility
-
Company must hold a QNB corporate account
Benefits
- More favorable fees and interest rate
-
Easy access to loans
How to Apply
Visit any corporate QNB branch CSO and follow the below instructions:
-
Fill & sign the Account Opening Form,
-
Fill & sign the Accounts Services Terms and Conditions,
-
Fill & sign the Customer Information Application Corporate/KYC,
-
Signature Cards duly signed in presence of Bank representative,
-
Sign Authorized Signature list,
-
Provide Commercial Registration number,
-
Provide Computer Card,
-
Authorized ID of all Partners & Authorized Signatories to be provided,
-
Memorandum and Articles of Association to be provided (if any),
-
Make a minimum deposit of QR30,000 to open a corporate account