Motor Insurance
Motor Insurance
What is Motor Insurance Receivables Finance?
At Finbolts, we understand the cash flow challenges faced by motor garages across the UAE that are empaneled by insurance companies. These garages often wait 45 to 90 days to receive payments for repairs on insured accident vehicles creating pressure on their working capital and daily operations. That’s why we’ve launched Motor Insurance Receivables Finance, a first-of-its-kind funding solution tailored specifically for automotive repair workshops.
How It Works
- You raise an invoice to a reputed insurance company for accident repairs
- Instead of waiting 2–3 months, Finbolts will discount your invoice
- You receive up to 90% of the invoice value upfront
- The remaining amount is settled once the insurer pays
Who is it Suitable For?
- Authorized garages and service centers
- Insurance-approved repair facilities
- Service stations and automotive repair facilities
- Automotive SMEs looking to scale faster
Motor Insurance Receivables Finance Options Available on Finbolts
Through our network of lending partners, businesses can access:
- Fast Access to Funds – Within 48–72 hours
- Up to 90% Advance – On approved invoices
- No Collateral Needed – Completely unsecured
- Maintain Smooth Operations – Manage payroll, inventory, and expenses stress-free
- Reinvest Sooner – Grow without waiting for long receivable cycles
Features of Motor Insurance Receivables Finance
Through our network of lending partners, businesses can access:
- Improve cash flow without taking on debt
- Meet payroll and operational expenses without delay
- Fund new inventory and repairs while waiting on receivables
- No collateral or security required
- Fast approval and disbursement through Finbolts digital process
Fast-Track Your Garage Payments Don’t Wait 90 Days to Get Paid
