Loans and Trade & Working Capital
You need to have sufficient funds to manage your current and future working capital requirements. Manage your Business cash flows efficiently through Mashreq as there is a complete range of transactional services available to assist you with ease and convenience.
Trade & Working Capital
At Mashreq, we recognize the importance of Trade and Working Capital Finance needs of our SME clients. In keeping with our tradition of supporting business growth and development in Qatar, we offer a complete range of Trade and Working Capital solutions. You choose the one that is right for you.
Key features of Trade and Working include:
- Access to a comprehensive suite of Import and Export related products including Letters of Credit, Guarantees, Discounting, Negotiations, Documentary Collections etc. to meet your foreign trade needs
- Flexible working Capital Financing including Overdrafts and Short-term loans
- Access to dedicated Relationship Managers
Small Business Loan
In such competitive and dynamic Business environment, you require cash to manage your immediate expenses, pay-outs or purchases. Mashreq offers Small Business Loan, an unsecured term loan in which you enroll in equal monthly installments.
Key features of Small Business Loan include:
- Minimum Annual Turnover of QAR 1,000,000
- Financing up to QAR 1,000,000
- Tenure ranging from 1 month to 48 months
- Flexibility of choosing the 1st due date (up to 45 days after disbursal of funds in the account)
Auto Loans for Companies
Mashreq offers financing solutions to help you get the car for your company requirements. Whether you are looking for a new or a pre-owned vehicle, buying from a dealer or private party, we have the financing solution that is right for you. Our competitive rates and streamlined approval process will help you get the car you want quickly and efficiently.
Key features of Auto Loans for Companies include:
- Minimum Annual Turnover of QAR 1,000,000
- Financing up to QAR 1,000,000
- Tenure ranging from 3 months to 48 months
- Up to 100% financing
Auto Loans for Self Employed Individuals
Mashreq provides products and services for all type of clients. Auto Loans is also offered to Self Employed Individuals for their personal use. If you are a Businessman and in need of a car look no further as Mashreq will offer you up to 100% financing.
Key features of Auto Loans for Self Employed Individuals include:
- Minimum Annual Turnover of QAR 600,000
- Financing up to QAR 450,000
- Repayment Tenure up to 48 months for Expatriates and 72 months for Qatari Nationals
- Up to 100% financing
Overdraft Facility
Since we understand how important financial flexibility is, Mashreq provides Overdraft facility which is an unsecured credit facility that has been tailor-made to meet your immediate working capital and short term requirements.
Key features of Overdraft Facility include:
- Overdraft limits based on existing Business levels and vVolumes up to a maximum amount of QAR 25 Million
- Simple application approval process for the facility with no requirements for audited financials on overdrafts of up to QAR 500,000
- Pay interest only on the utilized portion of the overdraft i.e. pay as you use and avoid the high interest charges of similar loans in the market
- Get competitive pricing and rates compared to other loan products in the market
- The overdraft facility is offered in conjunction with a powerful, value added business current account which offers you services including Online banking, Fax banking and Phone banking
- Approval of applications is subject to Mashreqs' terms and conditions
*Terms and Conditions apply