SME Finance Solutions in the UAE

Small​‍​‌‍​‍‌​‍​‌‍​‍‌ and Medium Enterprises (SMEs) are the major contributors to the UAE’s economy. They are the main sources of innovation, employment opportunities, and, thus, add a large share to the country's GDP. Nevertheless, the problem of getting the right financial support is among the most significant challenges faced by SMEs. To address this issue, Navifin Capital Management Consultancy has come up with a set of pioneering SME finance solutions and advisory services, which not only provide the necessary capital but also help businesses achieve growth, sustainability, and gain a competitive advantage. The Role of SMEs in the UAE Economy SMEs account for almost 94% of all the companies registered in the UAE and employ more than 86% of the workforce in the private sector. As Dubai and Abu Dhabi are becoming attractive places for international business, the UAE government is focusing more on the growth of SMEs through various programs, grants, and partnership projects…