Business Finance, Reimagined
Flexible financing solutions designed to support your business at every stage.
Letters of Guarantee
Reem Bank is licensed by the Central Bank of the UAE to issue all kinds of bank guarantees including bid, performance, advance payment, retention/maintenance, and financial guarantees to third parties in the UAE. Reem Finance issues letters of guarantee against 100% cash margin which is placed as fixed deposits with excellent returns during the guarantee period
Key Requirements:
Competitive interest rates;
Reem Finance is listed with government entities
Tenors ranging from 3 months up to 5 years
Special privileges for large deposits against guarantees
Reem deposits
Reem Bank offers attractive interest rates for corporate fixed deposits in the UAE, through two types of deposits:
Reem deposits
– Attractive returns; – Minimum deposit is 250,000; – 6 months tenor; – For new clients only;
Reem Maximizer
– High interest rates; – Minimum deposit is 1,000,000; – 12 months tenor;
Reem Deposit
– High interest rates; – Minimum deposit is 100,000; – Tenors starting from 6 months;
Reem Flex Deposit
– Flexible interest rate linked to CBUAE base rate; – Tenors starting from 24 months & up to 60 months;
Real Estate Financing
We offer financing solutions for residential, commercial and mixed-use real estate projects. Our team has widespread experience in financing properties, construction projects, and new developments. We work as a partner to understand the immediate and future financing needs.
Key Requirements:
Freehold project in the UAE with a clear title;
First charge over project and project receivables;
LTV and Project completion percentage are as per applicable terms and conditions.
Factoring
Reem Bank provides you the option to finance your account receivables to improve your cash flows by giving access to immediate cash to meet short term liquidity needs.
If qualified, access up to 90 per cent of invoice values as soon as they are issued, with the flexibility to access the entire amount available or draw down only what you need.
RF Financing programs can support both payables & receivables & key accounts.
Types of Factoring offered by Reem Finance:
Domestic Factoring
Reverse factoring
Purchase order finance
Term Loans
We provide the best solutions that have the utmost flexible repayment options at very competitive interest rates, with quick turnaround time for approval.
Mezzanine Financing
We offer both mezzanine finance and equity release to bridge a funding gap in projects and facilitate cash flow management.
Asset Backed Loans
We offer refinancing solutions against assets for working capital and other business requirements.
Project Finance
We offer opportunistic financing to provide investment for long-term projects. Reem Bank can be both: a financier and a partner in your projects. Furthermore, Reem Finance offers turnkey solutions.