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Frequently Asked Questions

Your questions, answered.

What is Revenue-based Financing

Revenue-based financing is a lending model that is based on a borrower's business revenue, rather than assets. Repayments fluctuate based on the business's income, making it a flexible alternative to traditional loans.

Is my business eligible?

We provide financing for various industries and types of business. Kindly refer to our list to see if you meet the requirements.

What documents do I need to sign up?

You'll need to provide business registration documents, bank statements for the last 6 months, financial statements, and proof of revenue sources. Our application process is streamlined to make it as simple as possible.

Can I apply for funding more than once?

Yes, you can apply for additional funding after successfully repaying a portion of your current financing. Many businesses use our financing solutions multiple times to fuel different growth stages.

How will I know how much funding I'm eligible for?

Your funding amount is determined based on your monthly revenue, business health, and growth trajectory. After submitting your application and connecting your accounts, our system will analyze your data and provide you with a funding offer.

How long does it take to receive funds?

Once all approvals are in place, it can take between 24hours for funds to reach your bank account.

How do I access funds?

All funds are processed using our loan management system. Once you log in and are approved for a loan, the funds will be transferred to your preferred bank account.

How are repayments made?

Repayments are automatically deducted usually through a connected bank account or payment gateway. This ensures a seamless and hassle-free process.

When does repayment begin?

Repayments will begin on the date mentioned on your contract

What happens if I am unable to repay on time?

Coming soon

Are there any fees?

There are no hidden fees, and the total cost is transparently outlined in your agreement.

Is the financing Shariah-compliant?

Coming soon.

How is my data protected?

We use industry-standard encryption and security measures to protect your data.

Who can I contact for further questions?

You can contact our support team at support@daem.com for any further questions.

Grow your business today - with Da’em.

daem

Da'em Corp. LLC

Unit GA-00-SZ-L1-RT-201, Level 1

Gate Avenue, South Zone, DIFC,

Dubai, UAE

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