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

• Choose Products and Services list found on QDB’s homepage, and then choose Direct Lending from the Financial Products lists.
• To apply for the program, please choose "Submit Here" on the service information page.

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

• Check Qatar Development Bank list for less attractive industrial sectors to know if your sector is one of them.
• For more details, you can check the service information page on QDB’s website.