Get paid for the discounted value of your invoice, immediately on shipment with our Financing Against Export Bill (Finance for credit extended for exports).
This service is designed to give you the financial flexibility you need to grow your business and ensure smooth operations.
Apply for Murabaha Financing Against Export Letters of Credit and liquidate your receivables under Export LCs.
Our Export Letters of Credit Discounting service provides a quick and hassle-free way to receive payment for your exports. With Export Letters of Credit Discounting, you can get paid the discounted value of your receivables, allowing you to manage your cash flow and keep your business moving forward.
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%. Business Finance 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 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.
For access to TRADEASSIST, visit one of our service desks or call us during business hours, Monday to Friday from 8:00 AM to 6:00 PM.
Please visit our Branch Locator for more information on our operating times.