Have you found yourself short of personal cash, investment capital, or working capital for your business?
Looking for urgent funds on a short term basis, of AED100,000 or more?
Seeking large cash loans in the UAE can be a difficult task. When you need to access AED100,000 or more, the traditional option for you is a Personal Loan:
Personal Loan from the bank
What does the regulation say?
Banks cannot offer you a personal loan that is greater than 20 times your monthly salary. This can be difficult, especially for start-up businesses, and even established entrepreneurs. And unfortunately, the requirements don’t stop there.
The banks must also factor in your Debt Burden Ratio (DBR) when assessing the ability to lend to you. The UAE Central Bank ruling is currently 50% DBR. What this means is to be eligible for a large loan your total current debt repayments cannot exceed 50% of your total monthly income.
Another factor is credit score. By applying for a personal cash loan in the UAE, banks will have to check your credit history to assess how much you already owe, and whether you have missed repayments in the past. This search will leave a mark on your credit file and can negatively affect your score.
On top of all this, the process to secure a cash loan of a large amount can be a drawn out and time consuming affair.
Sometimes we need cash right away, and our other personal/ business circumstances dictate that a bank loan is not suitable.
What can I do if I need AED100,000 Urgently?
We understand the situation you are in. Buyback Bazaar was founded on the belief that people should be able to access funds, whether small or large, in a matter of minutes or hours rather than days or weeks.
We also believe that you shouldn’t have to go through the credit checking process and paperwork in times of urgency. Afterall, it’s an emergency and time is critical.
That’s where our unique Buyback business model comes in.
We offer you the option to sell your high value items, maybe that is your Luxury Watch or even your Vehicle.
You simply enter an Instant Quote request on our website with the details of what you want to sell, and we go to work. Using our network of certified and registered partner dealers, we shop around for the guaranteed best price for your Luxury Watch or Vehicle and come back to you within hours with a quote.
If you are happy with this, you then simply come to your nearest store where your item is inspected, certified, and confirmed for payment. We have partners in locations across Dubai, Abu Dhabi and Sharjah
Don’t want to leave home? No problem!
We have recently launched Buyback @Home Service – where we come to you and complete the process at your convenience. So now you can access our service across the UAE including Ajman, Umm Al Quwain, Ras Al Khaimah, and Fujairah.
When the inspection is complete, your funds are transferred on the same day with no credit checks, complicated paperwork, or hassles.
We are the first and only BuyBack option for Luxury Watches and Vehicles that is 100% safe and legal!
Safe, Secure and Stressfree!
Our service is fully regulated and approved so you don’t have any worries when accessing large cash loans in a matter of hours. We have paid out up to AED750,000 in a single deal, to customers who need money when it matters most.
How do I access my AED100,000 or higher loan?
Simply click below to complete the Instant Quote form, and we’ll guide you every step of the way!