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What can Al Wathbah do for me?
Al Wathbah can provide finance
against receivables. Which includes
amount receivable against
construction contracts and supplies
against LPO/Orders.
What is the extent of finance?
You will get up to 80% of the value
of assigned receivables as evidenced
by certified bills/delivery orders.
What is the repayment tenure?
You will have to repay in one
lumpsum, with a maximum period of
180 days, from the assigned
receivables.
What is the interest rate?
An interest rate of 9% p.a. will be
applied monthly on actual
outstanding and is payable every
month.
For contact details,
click here
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