What is Business Bank Account ?
In simple terms, a corporate account is a type of bank account dedicated for businesses. While personal accounts may have certain restrictions, company accounts can be used to record business expenses, store and manage your company’s funds.
Almas Financial Services Won’t Entertain Any fraudulent activity and also serve only those who fulfill their eligibility criteria.
Whenever money is concerned, there is always an insecurity that any misrepresentation or fraud may occur. We clearly understand the value of capital and money lending in business and always empower secure and reliable banking. To avoid any unwanted circumstance we make sure that we work according to your credible standards. Moreover we acknowledge the worth of your dreams and ideas and try to fund your business so it boosts swiftly.
How do customers benefit from business Account?
A business account allows for easier expense tracking and tax filing. Business accounts also lend credibility to your business, since vendors will receive checks from the name of your business, not your personal account. Both your personal and business accounts can be managed online through virtual banking apps.
What is documentation required for a business loans ?
- Valid Passport,Visa and Emirates ID Copies for All Partners
- Article of -Association/Memorandum of Association (MOA)/Power of Attorney (POA) /Partnership Agreement / Share Certificate / Incorporate Certificate.
- Copy of Trade license .
- 12 months bank statements from Company Bank Account
- Last 4 Quarter VAT Return Report
- Office Lease Agreement
- Employee List from labor
Almas Financial Services Won’t Entertain Any fraudulent activity and also serve only those who fulfill their eligibility criteria.
Whenever money is concerned, there is always an insecurity that any misrepresentation or fraud may occur. We clearly understand the value of capital and money lending in business and always empower secure and reliable banking. To avoid any unwanted circumstance we make sure that we work according to your credible standards. Moreover we acknowledge the worth of your dreams and ideas and try to fund your business so it boosts swiftly.
