Mashreq · collateral-free SME term loan
Mashreq Small Business Loan
Collateral-free SME term loan repayable over up to 48 months; the published Key Facts Statement shows a representative reducing rate of about 18% p.a. Secured, POS-linked and lease-rental variants also exist.
Is Mashreq Small Business Loan worth it?
- founders outside the UAE: Mashreq Small Business Loan requires a branch visit — plan to be in the UAE for onboarding.
Eligibility
- Eligibility notes
- UAE-licensed businesses; no collateral required for the unsecured product — underwriting is on cash flow and credit history.
- Not suitable for
- startups without trading history — Mashreq underwrites against financials and banking conduct, and the process requires a branch visit (1–2 weeks). Businesses wanting same-week microloans should look at fintech lenders
Business operations
- Approval time
- 1–2 weeks
- Branch visit
- Required
How onboarding goes
- Application: Submit the request through the provider’s channel and upload documents
- Compliance review: KYC checks and document verification
- Branch visit: In-person visit for an authorised signatory
- Decision: Typical timing: 1–2 weeks
- Go live: Access activated and the product is live
Documents you'll typically need
- Trade licence and Memorandum of Association
- 6–12 months of business bank statements
- Filed VAT returns and latest financial statements
- Invoices or contracts evidencing revenue (for invoice and revenue-based products)
Typical pack for this category — the provider confirms the exact list on application.
Not for you if…
- You want fully remote onboarding — a branch visit is required.
No-collateral term loan, up to 48 months; representative reducing rate ~18% p.a. per Mashreq's published KFS — final pricing per file. Per mashreq.com, Oct 2026.
Frequently asked questions
Is Mashreq Small Business Loan worth it for founders outside the UAE?
No — Mashreq Small Business Loan requires a branch visit — plan to be in the UAE for onboarding.