AgriTech Loans Program
Welcome to Emirates Development Bank’s AgriTech Loans Program, the UAE’s first-of-its-kind financing initiative designed to support the country’s vital food security sector. With a commitment to fostering agricultural innovation and enhancing food sustainability, EDB is proud to allocate AED 100 million in financing support to empower farms, local growers, and food suppliers.
About the Program
The AgriTech Loans Program aims to enable a sustainable and thriving national agriculture sector, positioning the UAE as a global leader in agricultural technology. By providing competitive and accessible financing solutions, EDB aims to facilitate the adoption of advanced technology and cutting-edge solutions in the agricultural industry.
The AgriTech Loans Program offers a range of benefits to our valued customers in the agricultural technology sector:
Green- and brownfield project financing
Capital expenditure (CAPEX) and working capital financing
Medium-term loans up to AED 5 million
Tenor of up to 10 years
Grace periods of up to 2.5 years
Loan-to-Value (LTV) ratio of up to 90%