Startups in the UAE can apply for POS loans, but they must meet minimum criteria. This usually includes;
- Holding a valid trade license
- Valid passport, Emirates ID, visa (for all signatories and shareholders)
- Bank statements, VAT filings
- Operating from a physical or e-commerce platform.
- Proof of location such as Ejari, lease agreement, etc. (as applicable)
- A business operating for at least 12 months
- Having 3–6 months of POS transaction history
