We have the expertise and satisfied customers to cater across all industries and to assist to arrange loans, facility and guarantees in both Conventional and Islamic methods. The most popular funding and non-funding facilities are:
- Overdraft Line
- Letter of Credit
- LC Discounting
- Trust Receipt ( TR ) Financing
- Local Bill Discounting( LBD )
- Cheque Discounting
- Invoice Discounting
- Project Financing
- Factoring & Forfaiting
- Bank Guarantee
- Purchase Financing
- Islamic Finance
Overdraft helps you plan expenditure and when you’re likely to require an injection of funds to cover monthly bills and payments or the cost of capital and raw materials. You may need to apply for an overdraft (Line of Credit) to cover these expenses if your cash flow projection demonstrates a potential short-fall in your bank balance. We can arrange you an Overdraft line to meet your business needs in UAE. Call us at +971567510694 or send an email to info@ultiwiseconsult.com
Requirement
12 month bank statement of Business account
Years in business: Minimum 3 years
Clear repayment history of any other loans
Business turnover of minimum AED 10 million per year
Profitability: Net profit to be positive for last 2 years
Audited financials (Balance Sheet) – 2 years
Letters of Credit are common in International trade because the bank acts as an uninterested party between buyer and seller. For example, importers and exporters might use letters of credit to protect themselves. Communication can be difficult across thousands of miles and different time zones. A letter of credit defines the details so that everybody is on the same page and clear. Call us at +971567510694 or send an email to info@ultiwiseconsult.com
Requirement
12 month bank statement of Business account
Years in business: Minimum 3 years
Clear repayment history of any other loans
Business turnover of minimum AED 5-8 million per year
Profitability: Net profit to be positive for last 2 years
Audited financials (Balance Sheet) – 2 years
History of having done some LC transactions in the past – desirable
A letter of credit ( LC ) is a written promise by a bank to pay for goods a buyer purchases from a seller. Discounting is a way a seller gets paid immediately even if the buyer wants a longer term for payment. We can help you in LC Discounting in Dubai or elsewhere in the UAE through most efficient method. Call us at +971567510694 or send an email to info@ultiwiseconsult.com
Requirement
12 month bank statement of Business account
Years in business: Minimum 3 years
Clear repayment history of any other loans
Business turnover of minimum AED 5-8 million per year
Profitability: Net profit to be positive for last 2 years
Audited financials (Balance Sheet) – 2 years
History of having done some LC transactions in the past – desirable
After a L/C is opened and import shipment has arrived, you are supposed to pay against your L/C issued. Alternatively, you may apply for TR financing from us to assist you in paying your purchases. We will arrange finances for your purchases on your behalf through a loan called TR Financing in Dubai. You will undertake to sell the cargo, and use the sales proceeds for repayment. Call us at +971567510694 or send an email to info@ultiwiseconsult.com
Requirement
12 month bank statement of Business account
Years in business: Minimum 3 years
Clear repayment history of any other loans
Business turnover of minimum AED 5-8 million per year
Profitability: Net profit to be positive for last 2 years
Audited financials (Balance Sheet) – 2 years
History of having done some LC transactions in the past – desirable
This facility enables an organization to pledge its local receivables to the bank in return for immediate cash facility. The bank will hold an organization’s receivables as collateral and provide the pledged amount with an agreed markup. This fulfills an organization’s immediate cash requirements. ULTIWISE CONSULT Financing can arrange for Local bill discounting to meet your immediate cash requirements in UAE. Call us at +971567510694 or send an email toinfo@ultiwiseconsult.com
Requirement
12 month bank statement of Business account
Years in business: Minimum 3-5 years
Clear repayment history of any other loans
Business turnover of minimum AED 5-8 million per year
Profitability: Net profit to be positive for last 2 years
Audited financials (Balance Sheet) – 2 years
Client can take money from bank on the security of postdatedcheques issued by their credit worthy customers. The bank in this case is certain that they will get the payment of this cheque on the due date from the customer of the client. Normally the cheques should not be dated for date which is later than 90 days from the date of discounting. ULTIWISE CONSULT Financing can arrange for cheque discounting to help you meet your immediate cash requirements with the security of postdated checks in UAE. Call us at +971567510694 or send an email to info@ultiwiseconsult.com
Requirement
12 month bank statement of Business account
Years in business: Minimum 3-5 years
Clear repayment history of any other loans
Business turnover of minimum AED 5-8 million per year
Profitability: Net profit to be positive for last 2 years
Audited financials (Balance Sheet) – 2 years
Invoice Discounting provides a cash flow solution for business. The invoice discounting company (discounter or invoice discounter) will buy the trade debts (also known as accounts receivables, or your sales ledger) of the business at an agreed funding rate. We at ULTIWISE CONSULT Financing will arrange for your invoice discounting for you in UAE with less hassles and the most efficient method. Call us at +971567510694 or send an email to info@ultiwiseconsult.com
Requirement
12 month bank statement of Business account
Years in business: Minimum 3-5 years
Clear repayment history of any other loans
Business turnover of minimum AED 5-8 million per year
Profitability: Net profit to be positive for last 2 years
Audited financials (Balance Sheet) – 2 years
Project Finance is a method of funding in which the lender looks primarily to the revenues generated by a single project, both as the source of repayment and as security for the exposure. Project Finance transactions play an important role in financing development throughout the world. This type of financing is usually for large, complex and expensive installations that might include, for example, power plants, chemical processing plants, mines, transportation infrastructure, environment, and telecommunications infrastructure.
Project financing requires having sound financial consultants with you to present your case to the bank. We at ULTIWISE CONSULT Financing with our past experiences and proven case studies can arrange you Project Financing in Dubai and elsewhere in UAE. For more information on the required documents and other details, please call us at +971567510694 or send an email to info@ultiwiseconsult.com
In a Factoring solution the Factor agrees to pay an agreed percentage of approved debts as soon as he receives an assignment, or notification, of the invoice. The percentage depends upon a number of factors.Factoring is generally of interest to start-up and SME sized companies. Forfaiting is a banking service where the purchasing of an exporter's receivables (the amount importers owe the exporter) at a discount by paying cash. The forfaiter, the purchaser of the receivables, becomes the entity to whom the importer is obliged to pay its debt. For more information on the required documents and other details, please call us at +971567510694 or send an email to info@ultiwiseconsult.com
Requirement
12 month bank statement of Business account
Years in business: Minimum 3-5 years
Clear repayment history of any other loans
Business turnover of minimum AED 5-8 million per year
Profitability: Net profit to be positive for last 2 years
Audited financials (Balance Sheet) – 2 years
When running a business, you might come across a situation that your client may ask you to provide a financial guarantee from a third party.Mostly, when a small company is dealing with much larger entity or even a government across the border. This requires an expert banking consultant to manage and execute efficiently. ULTIWISE CONSULT Financing can help you in arranging bank guarantee in situations that require a financial guarantee from a third party. For more information on the required documents and other details, please call us at +971567510694 or send an email to info@ultiwiseconsult.com
ULTIWISE CONSULT Financing helps businesses with their commercial financing by offering to guarantee their purchase orders from a buyer that is committed to purchasing a product that the company is trying to sell. Purchase financing companies don't screen companies based on their credit report or credit score. They look more at the deal they are anticipating financing and whether or not it is profitable and solid. We can arrange purchase financing for you in UAE to meet your cash flow requirements in a smooth and efficient manner. For more information on the required documents and other details, please call us at +971567510694 or send an email to info@ultiwiseconsult.com
Get the best of Shariah Compliant funding through our banking relationship in the form of trade finance, Contracting finance and Business loan and Gurantees.
The popular form of Shariah Compliant funding structures are :
Murabaha Financing
Mudaraba Financing
Wakala
Musharika
Istisna
Ijara & Forward Ijara