Al Wathbah

Take a leap into the world of opportunities with al-wathbah’s financial and banking services aimed at promoting, supporting and encouraging small and medium enterprises.

The leap into opportunities!

The thoughtfully structured extensive bouquet of lending solutions include:

  • Short & long term financial products:
    • Loans & eorking capital & trade finance facilities
      • Term loans/working capital loans
      • Overdraft
      • Letter of credit
      • Letter of guarantee
      • Loan against trust receipts
      • Bill discounting
      • Cheque discounting
      • Advance against receivables
      • Government guarantee loan
      • Corporate credit, prepaid and purchase card
    • Al Wathbah SME non-collateral programmes

      If your company is already established, you can benefit from the flexible financing solutions available to your business without any collateral. you can borrow to finance your equipment, raw materials, inventory, and working capital to meet your contracts. we provide you a tailor-made solution to meet all your business requirements.

      • Contract and supply finance programme
      • Asset finance programme

      The products available under this program:

      • Contract & supply finance programmes:
        • Purchase order finance

          What are the parameters to avail purchase order finance under contract & supply finance program?

          • Purpose: to finance specific contracts/LPO including import of raw materials
          • Facility size: funded plus non funded facility up toRO.250,000/-
          • Approved buyer: LPO/invoices only from government entities and approved list of bank muscat corporate clients
          • Years in business: 2 years in current line of business
          • Amount of finance: up to 60% of Purchase Order value
          • Tenure: up to a maximum of 180 days
        • Receivables finance

          What are the parameters to avail receivables finance?

          • Purpose: to avail short term finance against receivables of executed projects / orders
          • Facility size: funded plus non funded facility up to maximum RO.250,000/-
          • Approved buyer: invoices only from government entities and approved list of bank muscat corporate clients
          • Years in business: maximum 6 months in current line of business
          • Amount of finance: up to 80% of Purchase Order value
          • Tenure: up to a maximum of 180 days
        • Asset finance programme:

          What are the parameters to avail asset finance program?

          • Purpose: To part finance cost of purchased equipment/other assets
          • Facility Size: maximum RO.250,000/-
          • Years in business: 6 months in current line of business
          • Amount of finance: loan up to 65% of the value of new equipment
          • Tenure: maximum 6 years

          Terms and conditions apply.

Non financial services

  • Al Wathbah businesswomen forum
  • Al Wathbah advisory forum
  • Al Wathbah academy
  • Al Wathbah businesswomen’s award
  • Al Wathbah TV / portal
  • Al Wathbah business zone
  • Al Wathbah series of workshops and seminar

Auxiliary services

  • e-Channels: Internet banking and Mobile banking
  • Regional CDM Centers and business units
  • Corporate branches

FAQs

 

Visit your nearest branch or contact our Corporate Service Desk for further details.​​​​​​​​