SME Growth Loan

WARNING

You may have to pay penalties if you pay off a loan/financing early
If you do not meet the repayments/payments on your loan/financing, your account will go into arrears. This may affect your credit rating, which may limit your ability to access financing in the future
Refinancing your loans/financing may take longer to pay off than your previous loan/financing and may result in paying more in interest/profit

Abu Dhabi SME Growth Loan

Abu Dhabi Government has announced they will expand the SME Credit Guarantee scheme to prioritise and increase SME’s access to financing in the Emirate.

First Abu Dhabi Bank is one of the key strategic partners and participating banks to collaborate with Abu Dhabi Government to provide easy financing options to SMEs, improving their ability to withstand market fluctuations.

SME Growth Loan benefits

Working capital facility for three months duration
Term loans of up to 4 years duration
Competitive interest rates - below the average market rate
Easy documentation
Quick turnaround time

SME scheme beneficiaries

All SMEs registered as LLC, FZEs, Sole Proprietorship, Partnerships & Branches of foreign companies, and operating in Abu Dhabi (onshore and offshore)
Small and medium enterprises in trading, manufacturing and services
Those meeting FABs terms and conditions for minimum length of business, annual turnover and audited financial criteria

For SMEs looking to apply for this scheme, please send an email to AUH.FacilityProgram@bankfab.com

Terms and conditions apply.