الشركة المتحدة للتمويل ش.م.ع.ع
United Finance Company SAOG
العربية
UFC provides a wide range of products and excellent customer service.
No, they are comparable but not cheaper
Yes, they do. On occasions they may be higher or lower as with dealers. We have special packages where dealers support the prices or otherwise.
Yes. UFC allows prepayment with a 1% foreclosure fee on the principal outstanding
Generally, yes. But with additional security we do finance 100%. For car finance a 20% down payment is compulsory for Individual deals and 10% for company deals.
If the term of the contract is not changed or no additional service is requested, no charges are there. However, every additional service requested is charged. Please see our Schedule of Service Charges.
Ask for charges to customer service desk specifying the service you need.
No. We do not finance residential houses, but they are accepted as security for other loans.
Composite Loan is a comprehensive loan tailor-made for Small and Medium Enterprises to cover cost of machinery, fixed assets, working capital and receivable finance.
We do not open L/C or guarantees for our clients who avail other products, we provide these facilities through banks under our guarantee to the banks.
In corporate loans, the minimum is RO 5000 and maximum is RO 1 Million. For retail loans, minimum of RO 1000 and maximum of RO 150,000.
Yes. If loans are paid without default / prepayment in agreed instalments, a second loan availed in next 12 months may be allowed at better terms
Yes, but only once if it is registered in Oman
Car loans for salaried individuals are decided within 1 hour. In case of all other loans, a list of requirements is provided within one day. It may take 3 to 7 working days after receipt of all asked information received for UFC to communicate a decision.
It can be allowed subject to UFC being satisfied on the credit worthiness of the proposed new customers.
No. However, future interest built on Post Dated Cheques given to the company is rebated.
Yes. If you have paid a minimum of six instalments and none of your cheques have been returned unpaid from the bank.
Yes. But it must be done 5 days in advance. Otherwise, the cheque will go to the bank and bank charges will need to be paid.
Yes, subject to credit approval.
Yes, but second loan is normally considered only after six instalments of the first loan being paid.
