Dubai, United Arab Emirates Mon – Sat: 08:00 – 18:00, Sunday closed
Home  /  FAQs

Frequently asked questions

Answers to the questions we hear most often. Can’t find what you need? Contact us.

About Shuraka Services

Who is Shuraka Services?

Shuraka Service Limited is a private project financing and loan investment company, incorporated in the Republic of Maldives and licensed in the United Arab Emirates, with offices in Dubai, United Arab Emirates and the Maldives.

What does “Shuraka” mean?

“Shuraka” means “partners”. It reflects how we work: as your financier and as a partner in your vision.

Which regions do you work in?

We work with clients across the Middle East, Africa, Asia, Eastern Europe and Latin America.

Applying for funding

What types of financing do you offer?

Project finance, corporate finance, structured finance, capital restructuring, SME working capital, asset and lease finance, joint ventures and venture capital. See our Services and Products pages.

How do I apply?

Complete the online loan application. Our Project Review Panel will assess it and contact you about the next steps, which may include an executive summary, financial statements and a full business plan.

Can start-ups apply?

Yes. We work with start-ups as well as established businesses. Historic financial results are not required for start-ups, but a clear business plan is essential.

Do I have to contribute my own funds?

Most projects combine our loan with other sources, such as the applicant’s own contribution, bank loans, leasing or grants. The application asks you to set these out.

How much can I borrow?

Our loans range from $2 million to $500 million, tailored to the size and needs of your project.

How long do I have to repay?

Up to 10 years, in monthly or quarterly instalments.

Can I have a repayment holiday?

Yes. A repayment moratorium of up to 2 years is available where the project needs time to generate income.

After you apply

How do I check the status of my application?

Visit Check Loan Status and enter your Loan ID and email address. Our team will reply with an update.

When are the terms final?

Terms are only final once they are set out in a signed facility agreement following due diligence and approval.

How can I be sure I’m dealing with Shuraka Services?

We only correspond from our official @shurakaservices.com email addresses, and we will never ask you to pay a fee into a personal bank account. If you receive a suspicious request, contact us on +971 56 454 8568 before you act.