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Loans & Funds

QDB Direct Lending

  • Last Updated 11 Jan, 2021
  • Service Type : E-Service
  • Service Mode : Hybrid (Online and Offline)
  • Service Provider : Qatar Development Bank
  • Service Classification : G2C, G2B
  • Topic : Business and Finance
Intended Audience
Visitor:Business Owner
Citizen:Business Owner

Description

This service offers entrepreneurs a simple and competitive option to finance their business idea or existing company. The project should be in any of the manufacturing, education, healthcare, services, agriculture, livestock and fisheries sectors.​

​Advantages of Direct Lending:

  • Financing up to 60% of the total value of the project.
  • Financing up to 80% of the value of equipment and m​machinery (excluding buildings).
  • The maximum tenor period is 15 years, with a maximum grace period of 3 years.
  • Profit rate up to 5% maximum.
  • The Bank also finances 100% of the salaries and rents value for the first 6 months.​

Criteria required for funding:

  • Added value to the entrepreneurial sector: The project is evaluated on its added value to the entrepreneurial sector or its contribution to promoting the culture of entrepreneurship in Qatar.
  • Technology Sector Development: Contributing to the enhancement of the technology sector in Qatar.
  • Supply and demand gap: contributing currently or in the future to closing a gap between supply and demand in Qatar.
  • Sector extensively uses available raw material.
  • Environment and Energy Resources: highly environment friendly and uses only renewable energy sources
  • Scalability and Expanding: high export oriented sector.
  • Labor Intensity: very minimum labor requirement or those with high local manpower.
  • Import reduction: project can reduce Qatar reliance on imports of the particular product.

Requirements for funding:

  • Submit the application under the ownership of a Qatari citizen (QID).
  • The project to be funded shall be among the sectors supported and financed by the Bank.
  • The company should provide a feasibility study for the project to be financed.
  • The company should be headquartered in Qatar (for existing and emerging projects).
  • The Company shall comply with Qatari law governing commercial companies.
  • The company must obtain all necessary licenses for the project.

Online Instructions

Enter the required data and attach the following documents:

  • QID of the owner
  • Business Model - Feasibility Study
  • CV
  • Choose “Direct Lending” from the list of "Services you are interested in”
  • Enter the verification word
  • Agree on the terms and conditions
  • Submit the application

Additional Information

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