BEST FOR

Businesses looking for funding

  • Quick short-term capital support

  • Interest payable at maturity

  • Fast access to foreign currency

  • Flexible early repayment option

Things you should know

  • Interest

    Payable at maturity

  • Purpose

    Short-term working capital funding

  • Eligibility

    Businesses and traders in the UAE

About the Working Capital Demand Loan

Eligibility criteria

Businesses needing short-term working capital can apply, including those managing supplier payments, import obligations, or temporary cash flow gaps. Approval depends on financial standing and required documents.

Loan features

WCDL offers short-term funding with interest payable at maturity. It is structured to align with business cash flow cycles, providing flexibility for early repayment and quick liquidity access.

Required documentation

Applicants need to provide collateral in the form of deposits, corporate Guarantees, or SBLCs. Proper documentation ensures timely sanction, smooth fund release, and compliance with eligibility criteria.

FAQs

What is a Working Capital Demand Loan?

A Working Capital Demand Loan (WCDL) is a short-term loan designed to provide businesses with immediate liquidity to manage day-to-day operations. It helps cover expenses such as supplier payments, import obligations, and temporary cash flow gaps.

Who is eligible to apply for this loan?

Eligible applicants for a WCDL are businesses in the UAE that require short-term working capital, including trading, import/export, and operational companies with a clear financial track record and the ability to provide needed security, such as a deposit, corporate Guarantee, or SBLC.

Can I repay the loan before maturity?

You can repay a Working Capital Demand Loan (WCDL) before maturity. The facility offers early repayment flexibility, allowing businesses to settle the loan as soon as they have sufficient funds, without waiting until the maturity date.

Disclaimer

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