Typically, you will need to provide a copy of your trade license, Emirates ID, passport, visa, bank statements for the last six months, financial statements, and a detailed business plan. Additional documents may be required based on the lender's requirements.

The approval time for a business loan can vary. It generally takes between 7 to 14 business days, depending on the completeness of your application and the lender's processing time. Expedited services may be available for an additional fee.

Interest rates and repayment terms for business loans in the UAE vary based on the loan amount, repayment period, and the applicant's creditworthiness. Typically, interest rates range from 5% to 15% per annum, with repayment terms extending from 1 to 5 years.

While a good credit score increases your chances of approval and may qualify you for better terms, some lenders offer business loans to applicants with lower credit scores. These loans may come with higher interest rates or require additional collateral or guarantors.