Fresh Loan

Turning Your Entrepreneurial Dreams into Reality

At Essa Finance, we understand the challenges faced by startups and budding entrepreneurs. That’s why we offer Fresh Business Loans, specifically tailored to fuel your entrepreneurial journey. If you’re looking to transform your business idea into a thriving venture, our Fresh Loan could be your gateway to success.

Overview

We believe in nurturing the dreams of aspiring entrepreneurs, and our eligibility criteria reflect our commitment to inclusivity. To apply for a Fresh Business Loan with Essa Finance, you should meet the following criteria:

Minimum Company Age: Your business should be a newly established startup.

Business Setup: Your business should be registered and ready to commence operations.

Active Company Account: Ensure your company has an active bank account to facilitate fund transactions.

Eligibility Criteria

We believe that access to business loans should be inclusive, and our eligibility criteria are designed to accommodate a wide range of businesses. To apply for a business loan with Essa Finance, you should meet the following criteria:

Minimum Company Age: Your business should have been in operation for at least one year.

Business Setup: You should have a registered business setup.

Active Company Account: Maintain an active company bank account for seamless fund transactions.

Requirements

To initiate your Fresh Business Loan application, you’ll need to provide the following mandatory documents and information:

Valid Copy of Passport, Resident Visa, and Emirates ID: Proof of your identity and residence status.

Trade License: Documentation confirming your business registration.

Memorandum of Association (MOA) or Articles of Association (AOA): Legal documents outlining the structure and regulations of your startup.

6 Months Bank Statement of the Company Account: A record of your company’s financial transactions for the past six months.

Tenancy Contract: Proof of your business premises.

3-5 Sales and Purchase Vouchers: Supporting documents to showcase your business activities.

Launching a new business is a thrilling adventure, and Essa Finance is here to support you every step of the way. Our Fresh Business Loan is designed to provide budding entrepreneurs with the financial backing needed to turn their startup vision into a successful reality. Apply for a Fresh Business Loan with Essa Finance and embark on your entrepreneurial journey with confidence. Your business aspirations are within reach.

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