Businesses that qualify for the POS-based financing options in the UAE are; “Retail Businesses/E-commerce Businesses/Service-Oriented Businesses.” Even these can only be qualified if they accept card payments through a POS system. This includes both traditional stores and e-commerce businesses. However, to be eligible for the POS based financing solutions, a business typically requires a valid trade license, and may need to provide additional documentation such as 6-12 months bank statements, VAT statements, commercial tenancy contracts, and potentially documents related to partnerships or LLC structures.
