QNB

QNB provides financing for medical centers/hospitals who has the outstanding receivables (invoices) due from insurance companies, at a very discounted interest rate of 5.50%, allowing the business to access immediate funds by converting accounts receivable into readily available cash. 

Advantages to Medical Service Providers

  • Improved Cash Flow:

Medical Service Providers can receive immediate cash for their receivables, helping them maintain a healthy cash flow and meet operational expenses promptly.

  • Working Capital Optimization:

The product allows Medical Service Providers to optimize their working capital by unlocking funds tied up in outstanding invoices. This can enhance their ability to invest in growth opportunities and improve their balance sheet with stronger ratios.

  • Low interest financing: the medical centers will have access to financing as low as 5.50%, which is the lowest in the market for SME`s.

How to apply:

  • Make the following documents ready before you apply:

Commercial Registration

ID`s of the partners or guarantors
Audited financial statements of the company for the last 3 years

  • Fill the online application form from this link: Here 
  • Sign the facility request form (which can be downloaded from the portal) and upload along with all other mandatory documents

SME team will contact you if the application is successful.
Click Here to apply