QNB
QNB

Term Loans

How different is this loan from that of Al-Dhameen?

Term Loans are financing solutions to purchase land premises, plant construction, refurbishment, and equipment at competitive rates with fast approval.

Al-Dhameen Loan: If you own a startup or existing small business with less than 3 years in operation and lack collateral to obtain access to funds, then we can assist you with funds for the establishment and growth of your businesses.
 
Any Qatari SME project, enterprise or joint venture (including foreign investors) with an annual turnover that doesn’t exceed QR30 million can apply for the program.
 
If you have more than one project (maximum two), two separate letters of guarantee can be issued, provided that the total value of issued guarantees will not exceed QR20 million.
 

Eligibility

 
  • QNB customer with a corporate account

Benefits & Features

 
  • Dedicated Relationship Manager
  • Fast turnaround time
  • Low interest rates
 

How to Use or Apply

Visit QNB your Relationship Manager and provide the following:
 
  • Company profile
  • Copy of recent and valid commercial registration
  • Copy of valid license issued by the municipality
  • ID/CR copies of partners/owners and authorized signatories (If borrower is sponsored by another company the CR of that company)
  • Full audited reports of company’s financials required
  • Non-QNB account statements for the last 6 months (if any)
  • Feasibility study for Al-Dhameen financing
 
*Additional Information may be required

For more information on our lending solutions, please contact our customer service team at SMEFinancing@qnb.com

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