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Local Bill Discounting (LBD)
 

This facility enables an organization to pledge its local receivables to the bank in return for immediate cash facility. The bank will hold an organization's receivables as collateral and provide the pledged amount with an agreed mark-up. This fulfils an organization's immediate cash requirements.

We can arrange for Local bill discounting to meet immediate cash requirements in UAE.

 
 
 
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Financial Consultancy
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Loans against POS transactions
Trade Finance Facilities
  Working Capital Solutions
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Letter of Credit
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  Cheque Discounting
  Local Bill Discounting
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