SAIF ZONE has partnered with The Emirates Development Bank (EDB) to provide financial support to companies operating within the free zone.
Under this partnership, EDB will offer a range of financial solutions to SME's and start ups, including capex financing for expansion or facility upgrades, greenfield and brownfield project finance, and financial support for the integration of Industry 4.0 technologies or clean energy transformation.
At Emirates Development Bank (EDB), enterprises can open an EDB Business banking account within 48 hours. SMEs operating in priority sectors such as Advanced Technology, Infrastructure, Food Security, Healthcare & Manufacturing can apply for a business loan to get up to AED 5 Million within 5 days.
Activate accounts in 2 days and receive a Business loan in 5 days
• 24x7 secure & on-the-go digital banking
• A free business banking account within 48hrs*
• No minimum balance requirement
• Apply for secured loans of up to AED 5 Million
• Apply for unsecured loans up to AED 2 Million
*Assuming all valid documentation is provided
Emirates Development Bank offers a wide range of flexible solutions for your short
to medium-term financing needs above AED 5 Million
• Asset Backed Financing
• Purchase Financing (Pre-Sales Financing)
• Receivable Financing (Post-Sales Financing)
• Business Expansion Financing & Project Financing
Register for EDB’s Business Lab today, a specially curated selection of value-added
tools, information, training aids and business offers to help your business evolve.
Available for non-financial services, for start ups, micro and small entities.
Register your email. A link for download will be sent to your email address.
