Doha: Mashreq Qatar, a leading financial institution in the region, has expanded its bouquet of financial solutions to facilitate small business owners and self-employed individuals. With the launch of the ‘Small Business Owner Loan’, self-employed small business owners can apply for loans to cover their personal expenses.
Niranjan Mendonca, Head of Retail Banking, Mashreq-Qatar said, “Mashreq understands the needs of many small business owners who need to occasionally invest in personal events without compromising their business cash-flow. Running a small business can be challenging and by offering the personal loan option we are providing flexibility and peace of mind for successful business owners to balance their personal and professional expenses in one simple step.”
“Our Business Banking solutions specifically tailor-made for SME’s are designed to reach a larger pool of small businesses in need of flexible funding. These businesses and SME’s form the backbone of Qatar’s economy, and we believe that providing accessible credit-facilities will enable these companies to grow, open new markets and deliver higher returns,” adds Mendonca.
Mashreq Business banking aims to develop the community of small businesses by offering a full suite of financial solutions that include a business current account, trade working capital facilities, built-in pre-approved credit lines and Small Business Loans.
Business owners can transact with Mashreq’s award winning Online Business Banking platform and can also avail of wealth management and insurance solutions through certified financial professionals.
The Peninsula
