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Commercial Vehicles

Drive business growth with our Commercial Vehicle Loans

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Loan Features

Drive your way to success

SMEs looking to expand their business by procuring RTA registrable, new or used commercial assets, such as commercial vehicles, can now benefit from a loan of up to 35 million with RAKBANK.

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High loan amounts

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Flexible repayment

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High funding ratio

Up to 90% LTV
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Easy eligibility

Your 2-year-old company is eligible
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Take-over option

Transfer your asset financing
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Eligibility & Fees

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  • Document Requirements:
    • Valid trade licence
    • Valid passport, Emirates ID, visa (for all signatories and shareholders)
    • Bank statements, VAT filings
    • Other business documents, such as constitutional documents & account mandates viz memorandums, shareholders resolution, etc.
    • Company location documents such as Ejari, lease agreement, etc. (as applicable)
    • Other banking or lending assessment information / documentation (if and as applicable)
    • Capacity to meet the Bank’s lending criteria

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Construction Equipment

Construction Equipment

Business Loan

Business Loan

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Your all-in-one financial partner

Simplify your banking experience with our feature-rich app. From payments to payroll, our comprehensive Banking Solutions provide everything you need to manage your business finances from one secure and easy-to-use platform.

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