OVERVIEW
The experienced team at Accelerate Capital has extensive capabilities and rich experience in providing efficient, effective and professional services to companies. This team runs one of the best financial consulting firms in Dubai and UAE. Through our every action, we endeavour to deliver the best possible value to our clients and consistently exceed their expectations. We want small business owners to spend less time on paperwork and more time running their businesses.
Typically when businesses go to their banks for finance they face long waits, endless amounts of information requests and in some cases, inanely rigid criteria for lending. This means that most of the businesses spend more time than they need to in filling up information requests and answering repeat queries.
Accelerate Capital is a financial consultancy that will be your partner in being the conduit between banks and your company by preparing your company’s presentation to banks in a manner that minimises repeat queries and further information requests.
Your business is our business. We believe in making your dreams and goals a reality and our experts know just how to do that. We're prepared to help you at any level, from impartial advice or practical assistance to help you make the most of every opportunity.
Our Services
CORPORATE FINANCE
Working Capital Credit Facilities
- What are Working Capital Facilities?
Whether you’re running an early startup or an established business, expanding and operating your business costs money. Working capital facilities fund everyday business operations. The facilities can be used for regular expenses like payroll, rent, etc., and manage cash flow gaps. With a credit facility, a lender will offer your company a credit facility limit, but you don’t have to borrow the entire amount. You just use what you need as and when required.
- How Can We Help You:
Accelerate Capital, being one of the top financial consulting firms in Dubai and the UAE, can help arrange for you to avail working capital credit facilities whether in the form of one-off loans, or revolving credit lines from partner banks in the UAE. This can be done for short term, or long term depending on your requirements and merits of the case.
Trade & Receivable Finance Credit Facilities
- What are Trade & Receivable Finance Credit Facilities?
Many companies need to trade internationally and locally whether they are manufacturing firms looking to purchase raw materials, or trading companies looking to procure goods. Similarly after a company has sold on credit to a buyer, there is a gap in the cash flows till time the funds are received from that buyer. Trade & Receivable Finance Credit Facilities refers to availing use of all the different instruments and products that allows businesses to do such trade. It covers different types of activities including issuing letters of credit, bank guarantees, lending, forfaiting, export credit and financing, and factoring of future receivables. The trade financing process may seem cumbersome given that it involves several different parties, including the buyer and seller, the trade financier, in some cases export credit agencies, and insurers.
- How we can help you:
A financial consultancy like Accelerate Capital can help by doing your trade cycle analysis, identifying your credit facility needs and arranging trade finance credit facilities from financiers (banks, or other financial institutions).
Medium and Long Term Financing / Loans
- What are Medium and Long Term Financing / Loans?
Term Loans are loans taken from a financial institution like a bank for a period more than an year. Typically these types of loans offer businesses the cash they need to acquire forms of moveable fixed assets that cannot be identified by means of markings, or serial numbers (such as office furniture, fixtures and fittings), or machinery/equipment used for production. This way term loans can support a company in the expansion of its manufacturing/industrial units,
Another use for term loans can be to exchange high cost debts availed from other banks/FIs for lower cost debts. This way a company can reduce its borrowing cost and improve its profits.
Term loans are repaid through monthly, quarterly, semi-annual or annual payments, in which the borrower pays part of the principal and interest. There is the possibility of repaying the loan with fixed or variable payments depending on the projected / expected cash flows of the company.
- How we can help you.
Being one of the top financial consulting firms in Dubai and UAE, Accelerate Capital can help by working with our partner banks and financial institutions to help your company avail term loan facilities
Commercial Real Estate & Construction Financing
- What is Commercial Real Estate & Construction Financing?
Commercial Real Estate financing can be monetizing the future cash flows from a ready real estate property that you own by funding a certain percentage of the current value of the real estate asset. Such financing can also be used to acquire commercial real estate in the country like warehouses, labour accommodations, factory buildings, etc.). In both cases, the cash flows generated from the property being financed (revenues, or rental) are used for repaying it.
Commercial Real Estate Construction finance on the other hand helps fund the construction of a commercial real estate for business purposes with the cash flows generated from the constructed property repaying the financing. Running a business might require the owners to build a warehouse, labour accommodation, factory building, commercial building themselves. That’s where construction financing loans come in as they allow construction of the property without having to put up the capital for it all at once.
- How we can help you?
Accelerate Capital can help by working with our partner banks and financial institutions to help your company avail Commercial Real Estate & Construction Financing.
PRIVATE EQUITY
- What is Private Equity?
Private equity can be defined as ownership, or interest in private companies (not publicly listed). This allows businesses to raise funds by allowing individuals and institutional investors to acquire equity stakes in the company. Private equity can be raised for a number of reasons including, but not limited to boosting the balance sheet to support future growth, financing an acquisition or leveraged buyout, or recapitalizing a company in order to provide liquidity for its existing shareholders.
Commonly, the private equity capital raising process can be split into three stages: Pre-offering (preparation before approaching investors), Offering (liaising with investors and getting their offers), and Closing (securing partnership with investors/actual raising the equity).
- How we can help?
We can support all stages of this process for both investors as well as companies looking to attract private equity investment. This can include business valuations, presentation of letters of intent, investor decks, provision of objectives, third-party business analysis to enable financing, etc.
FRACTIONAL EXECUTIVE SERVICES
- What is a Fractional Executive?
A "fractional executive" is an experienced professional who offers their expertise for a “fraction” of the time (and cost to the company) with no long term hiring commitments. Fractional executive services go far beyond the role or functions of part-time contractors or freelancers. Whereas contractors are typically project-based, fractional executives offer top-level insight, strategy, and management “on an ongoing basis to help the business achieve its goals.”
- Challenges of a permanent work force
-Establishing a business in the UAE requires on ground presence by the sponsor, which for non-resident & busy investors, requires significant investment of time, cost, energy and navigating through the processes that differ from emirate to emirate, jurisdiction to jurisdiction within the emirate.
-Further post establishment, like in any country, getting on ground work done requires hiring senior employees, renting suitable office space for their work, getting their visas issued (renewable every 2-3 years), getting labor cards issued (expiries coinciding with visas), medical insurance payments, high salaries payments through the UAE Ministry of Labor system (Wages Protection System), contingent financial liabilities like gratuity and various other hidden costs , etc. This requires a significant financial, time and commitment cost for the investor.
-Further having permanent senior management on ground leads to repeating the HR related processes and incurring the costs due to employees turnover/ replacement, which is an ongoing hassle for the business.
-Further adverse effects on commercial, banking, and customer relationships are apparent to every business owner who runs this risk when establishing a permanent senior workforce in the country.
- How we can help?
With more than 15 years in the UAE in fields of banking, finance, trading and advisory, our senior management acts as Fractional Chief Business Officers representing clients at all stages, from Company Establishment, Deals Negotiations, Operations, Finance & Accounting as well as dealing with Vendors, Clients, Banks and Regulators.
This way the clients do not have to spend costs and efforts to have a permanent senior workforce on ground for their operations till they have established themselves with confidence.
SPECIALIZED SERVICES
External CFO Services
- Every business needs different accounting skills: accounts bookkeeping, payroll services, management accounting and other financial support systems at each stage of its growth. However, what makes all these skills work effectively and efficiently is a trustworthy and experienced incharge, the Chief Financial Officer (CFO).
- Chief Financial Officers serve a function that goes beyond regular accounting and bookkeeping, though they certainly have those skills.They can contribute to financial budgeting and forecasting among other support.
- At Accelerate Capital, we give you exclusive access to a full suite of CFO services so you get commercial guidance on your business’ direction and gain confidence in your numbers, without having to hire a permanent CFO and bearing related formalities and expenses (visa, medical insurance, WPS, etc.)
Internal Financial Audit
Internal Financial audits via Accelerate will allow you to get your financial/accounting records reviewed by an experienced external unbiased party to gather audit evidence to ensure that the financial statements are accurate. This can be done on a regular basis either monthly, quarterly, semi annually, or annually depending on the requirements of management, or business owners.
VAT Services & Tax Advisory
- What is VAT?
Value Added Tax (VAT) is a tax that was introduced in the UAE on 01st January 2018. VAT is aimed at providing the UAE with a new source of income which will be used along with other taxes to provide high-quality public services. Businesses are responsible under the law to carefully document their business income, costs and associated VAT charges.
In simple terms, registered businesses and traders charge VAT to all of their customers at the prevailing rate and incur VAT on goods/services that they buy from suppliers. The difference between these sums is reclaimed or paid to the government.
- What is Corporate Tax:
On 31st January'22, the UAE Ministry of Finance announced that on, or after 01st June 2023, there will be introduction of a Federal Corporate Tax regime on business profits. All businesses will need to file their Corporate Tax returns post the implementation of this regime.
- Why Get VAT Services & Tax Advisory:
VAT-registered businesses must report the amount of VAT they have charged and the amount of VAT they have paid to the government on a regular basis. It is a formal submission and reporting is done online to FTA (Federal Tax Authority).
As VAT is a relatively newly adopted concept in the region as well as when businesses grow they come into the tax net, it requires advice from qualified and experienced Tax professionals, to support the businesses especially, while complying in the initial stages of this transition.
Similarly upon implementation of the Federal Corporate Tax in 2023, businesses will need experienced support on all aspects of this new tax.
- How we can help?
Accelerate Capital’s experienced accountants and VAT / Corporate Tax services professionals can advise you on your VAT/tax calculations, maintaining records and filing returns for the business as any discrepancy in the same can lead to heavy penalties and fines, or unnecessary tax payment. Further we can support you on liasing with the Federal Tax Authority of the UAE on various aspects including, but not limited to tax refunds.
Other Financial Services
Book Keeping & Accounting Services, Internal Financial Audit, Arranging External Financial Audit, Company Formation, Bank Account Opening.