Search Site

Back to top

Credit Guarantee Scheme

Emirates Development Bank’s (EDB) Credit Guarantee Scheme aims to support, develop and grow Small and Medium Enterprises (SMEs) and Start-up entities in UAE. EDB’s Credit Guarantee Scheme is designed to address barriers to lending that exist for SMEs and Start-ups by guaranteeing a percentage of the loan to lending banks.

The primary objective of the Credit Guarantee Scheme is to:

  • Increase the number of SMEs by providing easy access to finance 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 loans

  • Project Financing
  • Business Expansion Loans
  • Startup Loans

Working Capital

  • Invoice Discounting
  • Trust receipts

Key Features

Eligible Borrowers

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

Business Vintage

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

Loan Amounts

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

How to Apply?

Call us now on 800 27274