Key terms at a glance. Your finance advisor walks through the full structure once you're ready to proceed.
Your finance advisor handles the complexity. Most term loan approvals are completed within 48 hours of a complete application.
Subject to UFC's credit approval process and financing criteria. Additional checks may apply.
Your finance advisor will guide you through the full checklist. These are the core documents to have ready before your first meeting.
SME term loans can be used for a wide range of business purposes — expansion, purchasing equipment, acquiring stock, funding a new contract, or refinancing existing obligations. Your finance advisor can help structure the right facility for your specific need.
UFC provides SME term loans from OMR 5,000 up to OMR 500,000. The approved amount depends on your business turnover, existing liabilities, and credit profile. Larger facilities may be considered — speak to your finance advisor.
Not necessarily. UFC assesses each application on its overall merit — trading history, cash flow, and contracts on hand all factor into the decision. Newer businesses with strong contracts may also be considered. Your advisor will advise based on your situation.
Indicatively within 48 hours of a complete application. Having your CR, ID, bank statements and financials ready significantly speeds up the process. Your finance advisor will keep you updated at every stage.
Collateral requirements depend on the facility size and your business profile. Some facilities may be approved on a clean basis. Your finance advisor will discuss security requirements as part of the initial conversation.
Yes. Early settlement is available on all term loan facilities. Charges and rebates are applied per UFC's standard schedule in line with Central Bank of Oman regulations. Contact your finance advisor for a settlement quote at any time.