SME Growth Loan
Abu Dhabi SME Growth Loan:
The Abu Dhabi Government’s Ghadan 21 programme is working to create an Abu Dhabi that is an easy place to do business so that private enterprise, whatever the size, can thrive and deliver the economy and jobs of the future.
The SME Growth Loan has been designed to encourage Abu Dhabi banks to lend to SMEs at an affordable rate over the next three years by introducing a risk-sharing scheme backed by the Abu Dhabi Government.
FAB is the main operator of this initiative and the first bank to participate in this program.
SME Growth Loan benefits:
High loan amount
Flexible short-term tenor
Competitive interest rates, below the average market rate
Quick turnaround time
SME Growth Loan beneficiaries:
All SMEs registered and operating in Abu Dhabi (onshore and offshore) with a minimum two years of Length of Business for small size companies and three years for medium size companies
Small & Medium Enterprises in trading, manufacturing and services
Entities constitution as LLC, FZEs, Sole Proprietorship, Partnerships & Branches of foreign companies
For SMEs looking to apply to the Growth Loan, please SMS ‘Growth’ to 2121 OR Apply Now
Enter your details and we will call you back within 24 hours to proceed with your application.
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