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Credit Guarantee Scheme

EDB’s Credit Guarantee Scheme supports Small and Medium Enterprises (SMEs) and startups in the UAE overcome the financial challenges of accessing funding from conventional banks.This programme is designed to improve SME’s access to financing by providing a partial guarantee to lending banks should the SME fail to repay its financing commitments.

The primary objective of the Credit Guarantee Scheme is to:

  • Increase the number of SMEs by providing easy financing solutions at affordable interest rates
  • Develop and support existing SMEs and Start-ups by providing them with the required range of financing solutions
  • Help SMEs establish credit history with banks to allow for sustainable funding in the future

EDB’s suite of solutions under the Credit Guarantee program aims to fulfill short to medium term financing needs of all businesses.

Our Solutions

Term Finance

  • Project Financing
  • Business Expansion Financing
  • Startup Financing

Working Capital

  • Invoice Discounting
  • Trust receipts

Key Features

Eligible Borrowers

  • Businesses owned and managed by UAE Nationals (51% to 100%)
  • Entities located and operating in UAE

Business Vintage

  • Start-ups: From 6 months to 3 years
  • SMEs: Greater than 3 years

Financing Amounts

  • Start-ups: Up to AED 2 Million
  • SMEs: Up to AED 5 Million
  • Shariah Compliant solutions are available

Apply directly through our Partner banks’ websites :

  • Emirates Islamic Bank (EIB)
  • National bank OF RAK ( RAK BANK)
  • Commercial Bank of Dubai ( CBD)
  • Mashreq Bank
  • National Bank Of Fujairah ( NBF)
  • Commercial Bank International ( CBI)
  • Al Masraf

For more Information

Visit Us

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