“I choose to drive my business forward with Ajman Bank”

​Need a new fleet of transport vehicles? Looking to diversify your business? Planning to purchase the latest construction machinery? Though our Shariah-compliant SME Commercial Vehicle Finance, our SME Banking team is always on hand to help your business run smoothly.

Why Choose Ajman Bank SME Commercial Vehicle Finance?

• Financing up to AED 5M
• Competitive Profit Rate & Processing Fees

Commercial Purpose Vehicle Finance

• Authorized Business Entities engaged in Managing Commercial Vehicles against projects/work-orders.
• Max Repayment Tenor of 4 years
• Minimum Finance to Value is 90% & 75% for New & Used Vehicle respectively.

Rent-A-Car Finance

• All Rent-A-Car Entities, vehicles to be utilized for rental purpose.
• Max Repayment Tenor of 3 years
• Minimum Finance to Value is 80% & 70% for New & Used Vehicle respectively.

Business Fleet Finance

• Authorized Business entities, vehicle to be utilized as logistical purpose.
• Max Repayment Tenor of 4 years
• Minimum Finance to Value is 90% & 75% for New & Used Vehicle respectively.

Security/Collateral Requirement

• Mortgage of Vehicle
• Personal Guarantee
• Undated Security Cheque
• Comprehensive Insurance for a period of 13 months

Who is Eligible?

• Minimum Length of Business is 2 years
• Minimum 2 years of involvement of Managing Partner in business
• Nil Cheque Return in last three months
• Max. One Cheque Return in Last six months
• Minimum Annual Sales of AED 1 Million.

For more information:

• Walk in to our Branch
• Call us at 800 22
• Email us at Enquiry_Business_Banking@AjmanBank.ae

* Terms & conditions apply