We offer an extensive suite of Trade & Working Capital Finance solutions that helps businesses manage their cash flow efficiently. Whether you need to finance your inventory, pay suppliers or manage your receivables, we have the right solution to meet your business needs.
We’re dedicated to helping you simplify and streamline your importing process. Our Import Financing Services offer a variety of solutions to suit your needs. These include:
Whatever your needs, we're here to support you with tailored Financing Solutions to help you succeed.
We understand that exporting can be challenging. That's why we offer Export Financing Services designed to help you manage your cash flow and receive payments quickly.
These services include Export Bill Discounting, where you can get paid the discounted value of your invoice immediately upon shipment, allowing you to access the cash you need to keep your business running. We also offer Export Letters of Credit Discounting, which allows you to liquidate your receivables under Export LCs.
Trust us to help you streamline your export process and get paid quickly and easily.
We know that dealing with import and export collection documents can be complicated. That's why we offer services to simplify the process and ensure that everything is handled efficiently. Whether you require Documents Against Payment (DP/CAD Basis) or Documents Against Acceptance (DA Basis), we have the expertise to help. Our team will work closely with you to manage your imports and exports seamlessly, so you can focus on your business.
Transform your cash flow with our versatile financing options. Take advantage of our Post Dated Cheque discounting to boost your liquidity, secure a loan with us using your invoices as collateral, or finance your insurance receivables for up to 70%.
As a Wholesale Business, it's crucial to protect your interests from risks. Our Guaranteed Solutions are designed to help you do just that. Our team of experts provides bid bonds, performance guarantees, retention guarantees, maintenance guarantees, and more to ensure that your business transactions are secured, and your interests are protected.
Avail our Commercial Loan to finance working capital / fixed Assets with flexible repayment options and competitive interest rates
Effective 1st May 2023, the SME Prime will be revised to 15.50% per annum i.e. from existing rate of 15.00% to 15.50%. RAKfinance Loans availed against SME Prime Rate, Facilities which are offered against SME Prime Rate and granted through the Banking Arrangement Letter, or RAKislamic Trade Finance which are offered against SME Prime Rate and granted through the Financing Arrangement Letter duly executed by you will be eligible for this rate revision. All other Terms and Conditions set out for the above shall remain the same and continue to be in force.
We are committed to delivering top-quality Working Capital Finance products and services to our customers. Our approach involves a combination of dedicated Relationship Managers and TRADEASSIST, a trade service designed to ensure quick turnaround times for all your Trade Finance transactions.
To take advantage of this service, you can visit our service desks or call our dedicated number at 8006789.
TRADEASSIST is available Monday to Friday from 8:00 AM to 6:00 PM. For any enquiries or feedback, you can also send an email to customerservice-tf@rakbank.ae
Please check the table below for the available branches and working hours.