We’ll get you the funding you need
Transform your cash flow with our versatile financing options.
Take advantage of our PDC discounting to boost your liquidity, secure a loan with us by using your invoices as collateral, or finance your insurance receivables for up to 70%.
Post Dated Cheque Discounting
Unlock your business potential by taking advantage of our Post Dated Cheque (PDC) discounting facility. Convert your future promised payments into immediate cash and free up valuable resources to invest in growth and new opportunities.
Loan Against Invoices
Get quick access to funds by leveraging your outstanding invoices with our Loan Against Invoices facility. Get a loan against your future payments to boost your cash flow and stay ahead in business.
Financing Against Insurance Receivables
Get up to 70% financing against your expected payments on insurance claims through our partnership with Invoice Bazaar Forfaiting Services LLC. This financing solution is ideal for healthcare providers, such as clinics, hospitals and pharmacies, who may not have PDCs or invoices available for post-sales financing.
SME Prime Rate as of 1st May 2023
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.
At your service
We offer comprehensive working capital finance options through a combination of experienced Relationship Managers and advanced technology with TRADEASSIST.
TRADEASSIST streamlines trade finance transactions and provides a quick, efficient solution for our corporate and business clients. Our dedicated team is always available to assist and support you in your financial endeavours.
We’re here to help
Your all-in-one financial partner
Simplify your banking experience with our feature-rich app. From payments to payroll, our comprehensive Banking Solutions provide everything you need to manage your business finances from one secure and easy-to-use platform.
