Commercial Finance

Finance House Trade Finance team possesses professional experience in assisting importers and exporters to find optimal solutions to fit their individual requirements. Moreover our team is specialized in developing and arranging innovative trade and export finance solutions that meet your trade needs.

Our comprehensive range of Trade Finance services are as follows:

• Imports

  · Letters of Credit
  · Bills for Collection
  · Shipping Guarantees
  · Trust Receipts as Financing Vehicle for Import

• Exports

  · Export Letters of Credit and Confirmation thereof
  · Pre-Shipment Export Financing
  · Negotiation of Documents
  · Export Bills for Collection
  

• Guarantees (Terminable Indemnities)
  

  · Bid Bond
  · Performance Bonds
  · Advance Payment Bonds
  · Maintenance Guarantees
  · Retention Money Guarantees
  · Trade License Guarantees
  · Smart Guarantee (Labour Guarantees)*
  · Financial Guarantees
  
  *SMART GUARANTEE
  Smart Guarantee is the Labour Guarantee offered by Finance House to all commercial establishments operating in the UAE with the following value added benefits:
  · Free of cost issuance
  · Margin money parked in competitive interest bearing accouts
  · Interest on Smart Guarantee Margin Accounts like a Fixed Deposit
  · Quick and hassle-free processing time
  · Easy process for replacement of existing Labour Guarantees issued by other banks

• Working Capital Finance

  Finance House extends short-term working capital facilities to fund your asset conversion cycle through:
  · Over Drafts
  · Local Bills Discounting
  · Discounting of Approved Payments Certificates/Invoices
  · Short to Medium Term Loans

• Project Finance
• Contractor Finance
• Real Estate Finance
• Finance for Vehicles and Equipment
• Finance to Small and Medium Businesses