Audited financial statements are not always compulsory for a business loan in the UAE. But they are often required, especially if:
- The loan amount is large.
- Business is more than 2 years old
- Applying to the traditional banks
- The lender wants to assess profitability and risk in detail
However, for SMEs or if you’re dealing with fintech lenders, you can get an approval without presenting audited financials.
