Know why a bank would reject your file — before you apply.
Kredal scores your UAE company's bank-readiness, flags every rejection risk with an exact fix, and assembles a bank-ready application pack.
High risk
UBO declaration not uploaded.
Fix: Upload a signed UBO (Ultimate Beneficial Owner) declaration.
Founder One owns 25%+ but no UBO declaration is on file.
Fix: Upload a UBO declaration naming this owner.
No source-of-funds explanation on file.
Fix: Answer the source-of-funds question in the questionnaire.
10 flags · every one names the exact document or answer that caused it, and the exact fix.
Demo workspace — sample data
Checklists tuned for
Bank names indicate supported document checklists. Kredal is independent and not affiliated with, endorsed by, or partnered with these banks.
See the risk first
The rejection reasons, before the bank finds them.
Seven weighted categories, 32 auditable checks, one deterministic 0–100 score. Every flag names the exact document or answer that caused it — and the exact fix.
High risk
UBO declaration not uploaded.
Fix: Upload a signed UBO (Ultimate Beneficial Owner) declaration.
Founder One owns 25%+ but no UBO declaration is on file.
Fix: Upload a UBO declaration naming this owner.
No source-of-funds explanation on file.
Fix: Answer the source-of-funds question in the questionnaire.
10 flags · every one names the exact document or answer that caused it, and the exact fix.
Demo workspace — sample data
AI, kept honest
AI reads your documents. Rules give the verdict.
Trade licenses, passports, Emirates IDs and tenancy contracts are extracted server-side, then cross-checked against each other and your profile. The score itself is never guessed — every point is a rule you can audit.
- Trade licenseOn file
- UBO declarationRequired — missing
- Owner passportOn file
- Owner Emirates IDOn file
- Tenancy / office agreementRequired — missing
- Business planOn file
- Bank statementRequired — missing
- Sample invoice or contractRequired — missing
- MOA / AOAOptional
- Shareholder registerOptional
Expects activity evidence and prior statements where available.
Demo workspace — sample data
The output
A pack you can walk into the branch with.
Company summary, source-of-funds narrative, UBO table and a bank-specific preparation checklist — assembled, disclosed and exportable, tuned to the bank you're targeting.
Bank application pack — Al Barakah Foods Trading LLC
Prepared for submission to a UAE bank. Review every section before sending.
Kredal is not a bank, lender, law firm, auditor, or tax advisor. This report is a readiness assessment and document-preparation aid. It does not guarantee bank approval.
Company summary
- Legal name: Al Barakah Foods Trading LLC
- Trade license number: DED-778234
- Emirate: Dubai
- Jurisdiction: Mainland
- Authority / free zone: Dubai Economic Department (DED)
- Incorporation date: 2026-02-20
- Expected monthly turnover: AED 40,000
- Target bank: Mashreq
Overall readiness score
49 / 100
Risk level
High risk
Top rejection risks
- [HIGH] UBO declaration not uploaded.
- [HIGH] Founder One owns 25%+ but no UBO declaration is on file.
- [HIGH] No source-of-funds explanation on file.
- [HIGH] No supporting evidence for source of funds.
- [MEDIUM] MOA/AOA missing for a multi-owner entity.
Required fixes
- Upload a signed UBO (Ultimate Beneficial Owner) declaration.
- Upload a UBO declaration naming this owner.
- Answer the source-of-funds question in the questionnaire.
- Upload savings statements, sale proceeds, or prior salary evidence.
- Upload the Memorandum/Articles of Association.
- Upload your Ejari or free-zone office agreement.
- Consider a digital-first bank (e.g. Wio) or plan for a higher minimum balance.
- Upload the documents your target bank specifically expects — they are marked as required on your checklist.
- Address the prior rejection reason directly in your resubmission narrative.
- Confirm WPS (Wage Protection System) registration before your first payroll run.
Document checklist
- ✅ Trade license (required)
- ❌ UBO declaration (required)
- ✅ Owner passport (required)
- ✅ Owner Emirates ID (required)
- ❌ Tenancy / office agreement (required)
- ✅ Business plan (required)
- — MOA / AOA
- — Shareholder register
- — Owner visa
- — Proof of address
- — Sample invoice or contract
- — Bank statement
- — Source-of-funds evidence
- — Company profile
- — Other document
Source-of-funds narrative draft
Not yet provided — complete the "Source of funds" section of the questionnaire.
Business activity narrative draft
We import packaged food products from Pakistan and distribute them to supermarkets and restaurants across Dubai and Sharjah. (Licensed activity code(s): 4630.)
UBO summary
| Owner | Nationality | Ownership | UBO |
|---|---|---|---|
| Founder One | Pakistani | 60% | Yes |
| Founder Two | Pakistani | 40% | Yes |
Target-bank preparation checklist
- Confirm Mashreq's current minimum balance and account fees
- Bring original trade license, MOA/AOA, and passports to the branch appointment
- Prepare a one-page verbal summary of your business activity and source of funds
- Bring proof of office address (Ejari or free-zone agreement)
- Have 3-6 months of any prior bank statements ready, if available
Next 7-day action plan
- Upload a signed UBO (Ultimate Beneficial Owner) declaration.
- Upload a UBO declaration naming this owner.
- Answer the source-of-funds question in the questionnaire.
- Upload savings statements, sale proceeds, or prior salary evidence.
- Upload the Memorandum/Articles of Association.
- Upload your Ejari or free-zone office agreement.
- Consider a digital-first bank (e.g. Wio) or plan for a higher minimum balance.
Demo workspace — sample data
For consultants
Every client's readiness, in one workspace.
Business-setup consultants and accountants run multiple client companies side by side, with roles, invitations and white-label reports — and see at a glance who is ready to apply.
| Company | Jurisdiction | Target bank | Status | Score | Reports | Last activity |
|---|---|---|---|---|---|---|
| Al Barakah Foods Trading LLC | Mainland | Mashreq | Draft | 49 | 2 | 1 Jul 2026 |
| Gulf Line Logistics FZ-LLC | Free zone | Wio | Ready for assessment | 86 | 3 | 1 Jul 2026 |
| Nadia Interiors LLC | Mainland | Emirates NBD | In review | 71 | 1 | 1 Jul 2026 |
| Crescent Metals Trading LLC | Mainland | Mashreq | High risk — fixes required | 43 | 1 | 1 Jul 2026 |
Demo workspace — sample data
How it works
Ten agents. One file.
Each one replaces a step a consultant or bank officer does by hand today.
Document extraction
Reads licences, IDs and contracts into structured facts
Consistency checking
Cross-checks names, activity and expiry across documents
Deterministic scoring
32 rules, 7 categories, one explainable score
Risk flags & fixes
Every deduction becomes a concrete next action
Source-of-funds drafter
Writes the narrative banks ask for
Pack assembler
Builds the full submission set for your bank
Docs assistant
Answers “why does the bank need this?” instantly
Recovery advisor
Turns a rejection reason into a targeted plan
Bank matcher
Ranks which banks fit this file best
Compliance monitor
Watches expiries and 2026 tax, VAT and WPS dates
Built in the open
Judge the engine, not the marketing.
A readiness score is only worth something if you can see how it was calculated. Ours is public.
32
Scoring rules, published
Every rule that can cost you points is documented in public — including its weight and the fix it recommends.
Read the rules12
Architecture decisions on record
Why AI never decides the score, how tenant isolation works, how admin access is granted — written down, not asserted.
Read the decisions31
End-to-end scenarios tested
The full flow — signup, documents, questionnaire, scoring, reports, tenant isolation — verified against production.
Browse the docsWhy now
The moment the UAE turns SME banking into infrastructure.
Open Finance went live
The UAE's Open Finance framework launched in 2026 — the rails that make a real-time bankability score possible are now here.
Compliance is stacking up
Corporate tax, e-invoicing, WPS payroll and Emiratisation deadlines in 2026–27 are forcing every SME into structured, auditable financial operations.
No software incumbent
Bookkeeping tools sit downstream; bank onboarding readiness is still handled by manual consultants. The gate is wide open.
Where we are
Not a prototype — a working product you can use today.
Live
in production — app, docs and admin, tested end-to-end
10
AI agents shipped, each replacing a manual step
31
end-to-end scenarios in our production test suite
Weeks
from zero to a live product, built with agentic AI
Founding team
Two founders, close to the problem.
Anil Pervaiz
Co-founder & CEO — Product & AI Engineering
AI agents & automation engineer with a decade of design and Webflow craft; built Saaspo, one of the most-visited SaaS design galleries. Built Kredal's ten agents, RAG, and deterministic scoring engine.
Zainab Ahmad
Co-founder — Design & Brand
Designer leading Kredal's product design, brand, and user experience — turning a compliance-heavy process into something a founder can actually follow.
Make every UAE SME bankable.
UAE small businesses are more than 63% of the non-oil economy but receive under 10% of its credit. Kredal exists to close that gap — one bank-ready company at a time — starting at the very first gate.
Pilot pricing
A diagnostic costs less than one branch visit.
Readiness diagnostic from AED 499 · bank application pack AED 1,999 · consultant workspaces AED 499/month.
Know your score before the bank does.
Upload your documents, answer the questionnaire, and see exactly what stands between your company and an open account.
Kredal is not a bank, lender, law firm, auditor or tax advisor, and does not guarantee bank approval.