TRADE & WORKING CAPITAL

Tijarati.png

Trade and Working Capital facilities are perhaps the most vital services for any SME. The ability to extend and be given credit facilities when interacting with business partners and suppliers is key to making your business a success. At National Bank of Oman, we understand your need for a one-stop shop that caters to all your business banking needs. That’s why our Trade Finance and Working Capital Solutions are designed to make it seamless and hassle-free for you to do business, in Oman and around the world.​

Our Trade Finance products include: 
  • Working Capital Loans for day to day business needs 
  • Term Loans for Business Expansions or Capital expenditure 
  • Pre-Shipment & Post Shipment Financing
  • Import/ Export Document Handling & advisory
Our Working Capital Solutions include Working Capital Financing and Term Loans. Our dedicated Relationship Managers assess your business needs as well as your business’s financial health to structure credit facilities that suit your requirements and your fiscal abilities.

 

Who can apply for Tijarati Loan facilities?

Any company registered in Oman and having completed 2 years in business can apply for Tijarati Loan Facilities​

What documents are required for Availing Tijarati Loan facilities?

  • Company ID documents
  • Owner(s) ID documents
  • Last 6 months bank statement
  • Request Letter
  • Completed Application form
  • Any other documents as advised by the Tijarati RM​

What is the maximum loan amount NBO extends under Tijarati banking to SMEs?

This varies from case to case. Currently NBO extends financial support upto RO 500,000 to SMEs under Tijarati Banking, subject to applicable and prevailing terms & conditions.​

What is the maximum tenor of the loan an SME can apply for?

This varies from case to case. NBO extends loans to SMEs of tenors upto a maximum of 6 years, subject to applicable terms & conditions.​

Do I need to open an operating account with NBO for availing Tijarati Loan Facilities?

Yes. The SME has to open the main operating account with NBO for availing the loan facilities.​

Are there any fees or charges to be paid for processing of loans?

Yes. There is a processing fee, as applicable on all applications.

Can partial repayments be done?

Yes.​

Are you eligible?

At National Bank of Oman, we believe that financing solutions should be made simple for all business. The following businesses are eligible to apply for business loans.

  • Business entities registered in Oman with a valid certificate of registration.
  • A proprietorship, establishment, partnership, limited liability company (LLC) or self-employed professional.
  • The business must be established for a minimum period of two years.​

HAVE US CALL YOU BACK

YOU MIGHT ALSO BE INTERESTED IN:

SME Current Accounts

SME Current Accounts

​To help your business grow and prosper, you need a banking partner that understands your business needs as an SME.​


Collateral Free Lending

Collateral Free Lending

​NBO understands that lack of collateral availability with the SME should not be a constraining factor in availing finance.