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What is revolving credit facility ?

MB2B is offering a revolving credit line facility for all SME buyers, to promote ease of doing business. The facility will enable customers to extend their payment terms, free up cash, and place urgent orders without constantly replenishing the payments or cash on delivery.

Who can apply for this facility?

This service is only for Gold and higher registered members, who have been with us for more than 3 to 6 months with a transaction over 30,000 AED with Madi International. Available currently in the UAE only.

How can I apply for credit facility?

You can easily apply on our website by completing the (KYC) Know Your Customer document. The process is subject to financial due diligence and case by case.

When should the buyer settle the payment?

Buyers will have 30 days from financing date to pay the due amount. Only for verified customers.

What is my credit limit?

Buyers can get revolving credit facility up to AED 200,000, subject to financial due diligence

What are the fees?

There will be no additionally charges.

Can I apply again if I have consumed all my credit?

This is possible based on a successful repayment track record.

Is there a duration where I must use up my credit before it expires?

The credit line is valid for 1 year.

What happens if I don’t have enough balance to cover my transaction?

You can use whatever is left in your balance, and settle the rest. Or top up your credit by paying your dues early.

If I have questions about credit line who will I talk to?

You can contact our sales team or send us an email at support@madi-intl.com

What documents are required?

• You will need the following documents:
• Last 3-month bank statement
• VAT registration certificate or last payment record
• Standard KYC form - Trade license, Passport, Visa, Emirates ID; and
• Latest Al Etihad Credit Bureau company report from the owner of the facility