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Corporate Financing » Corporate Factoring/Bill Discounting
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Back
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 Al Tayeb is on-of-a-kind finance product that allows you to get quick and easy finance without compromising on your sentimental needs. Combining non-conventional business concepts and in-depth consumer understanding, we have created ‘Al Tayeb’ with an array of benefits.
‘Al Tayeb’ is the most suitable financing option for your needs, both financial and emotional. Please visit us, or call us for more information. And we will tell you how you can fully leverage the benefits of non-conventional financing.
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| Eligibility |
- Small Business Enterprises
- Medium Corporates
- Local Community Contractors
- Trading Houses
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| Amount |
- Minimum of RO 20,000/- and above
- Up to 80% of the bills to be discounted
- Maximum tenor – 120 days
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| Documents |
- CR Copy, Computer Printout
- Authorized Signatories
- Chamber of Commerce Registration
- Bank Statement – 6 months
- Financial Statement/Contract Copies
- ID copies of Partners
- Payment assignment
- Supplier Bills & Sales ledger of Debtors
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| Criteria |
- Debtors market standing
- Cash Flows
- Past Performance
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| Interest |
We offer very competitive rates of interest and it depends on the credit evaluation and payment history
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| Advantage |
Customers with a good payment track record will be eligible for reduced rates of interest as per the Company Policy.
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