Service Description

This program offers small and medium Qatari enterprises (SMEs) financial solutions such as facilitated export financing and guarantees against risks of non-payment by foreign buyers. The service aims at encouraging Qatari SME’s to focus on foreign markets and increase their export volume and sales operations abroad.

The services include the following:

• Post-Export Finance Invoice/ LC Discounting: invoices and letters of credit that are post-dated enables Qatari companies to boost its liquidity. Bill discounting is treated as a short-term loan.
• Discount reaches up to 90% of invoices / letters of credit value
• Profit is about 3-5% per annum
• Duration extends to one year or as agreed

Documents required for Post-Export Finance Invoice Discount:

• QDB KYC form (duly signed by the authorized signatory and bearing the company seal)
• Copy of valid Commercial Registration
• Copy of Establishment ID
• QID copies of authorized signatories.
• Official request letter regarding the demanded facility and the credit term (tenor) (letter to be duly signed by the authorized signatory and stamped with the company seal)
• Copy of audited financial statements for the past 3 years (for existing companies)
• A list of names and addresses of importers
• Invoices
• Certificate of Origin
• Shipping documents

Documents required for Letters of Credit (LCs):

• QDB KYC form (duly signed by the authorized signatory and bearing the company seal)
• Copy of valid Commercial Registration
• Copy of Establishment ID
• QID copies of authorized signatories
• Official request letter regarding the demanded facility and the credit term (tenor) (letter to be duly signed by the authorized signatory and stamped with the company seal)
• Copy of audited financial statements for the past 3 years (for existing companies)
• A list of names and addresses of importers
• Invoices
• Certificate of Origin
• Shipping documents
• Name of the bank issuing the letter of credit
• Copy of the letter of credit mentioning Qatar Development Bank as the negotiating bank for the letter of credit

Pre-Export Financing:
This service provides raw material financing based on a confirmed purchase or supply order​.

Receiving Post Export Finance service include the following conditions:

• Value reaches to 80% of contract value
• Profit is about 3-5% per annum
• Duration extends to one year or as agreed

Documents required for Post-Export Finance Invoice Discount:

• QDB KYC form (duly signed by the authorized signatory and bearing the company seal)
• Copy of valid Commercial Registration
• Copy of Establishment ID
• QID copies of authorized signatories
• Official request letter regarding the demanded facility and the credit term (tenor) (letter to be duly signed by the authorized signatory and stamped with the company seal)
• Copy of audited financial statements for the past 3 years (for existing companies)
• A list of names and addresses of importers
• Certificate of Origin
• Shipping documents
• Name of the bank issuing the letter of credit
• Copy of the letter of credit mentioning Qatar Development Bank as the negotiating bank for the letter of credit
• Copy of the contract or purchase order request from the importer

Online Instructions

• Choose Products and Services list found on QDB’s homepage, and then choose Export Finance 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 “Export Finance” from the list of "Services you are interested in”.
• Enter the verification word.
• Agree on the terms and conditions.
• Submit the application.

Additional Information

For more details, you can check the Customer Journey Booklet and the service information page on QDB’s website.