Numerous banks in the UAE require that a business be in operation for at least 12 to 24 months to qualify for a business loan. This is because they want to be sure your business is doing well and can pay the loan back. Some banks also ask for at least 2 years of business history with audited financials. But there are some special programs that may offer loans to startups with a shorter business history.
How old should my business be to qualify for a loan?
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