POS Loan

POS Loan

Offline retailers who are using credit or debit cards or POS machine for accepting payments can easily avail this loan equivalent to the average monthly sales

Description

The main advantage of this loan is the freedom enjoyed by the merchants to avail  the new line of the parallel credit system.The repayment of this loan can be easily done daily  from the POS machine itself or a mobile wallet depending on revenue generated on a particular day. You can have the repayment options extending up to 48 months and an additional top up facility is also available with quick turnaround time. 

 

Mandatory Requirements

National ID proof

Valid passport

UAE residence visa

Last six months of POS account bank statements

12 months bank statements

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JP Fintrack

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