Noor Islamic Bank launches Business Instalment Finance for SMEs
According to an announcement by Noor Islamic Bank, the bank will launch its new product Business Instalment Finance. This new package will serve to cater to the financial requirements of small businesses. Small businesses which already have a business relationship with Noor Islamic Bank will have access to loans at competitive profit rates. Part of the new package is fixed-term financing of up to AED 750,000 for 48 months. Documentation and the processing time will be held at minimum.
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