How can small businesses in the UAE now access loans starting from Dh10,000?

UAE micro and small businesses can now apply for digital financing ranging from Dh10,000 to Dh500,000, with repayment periods of up to 12 months, through Botim Business SME Lending. Launched in partnership with fintech and payments provider Geidea, the service is designed to help businesses cover cash flow needs, payroll, equipment purchases and expansion. AI-powered risk assessments use transaction data, cash flow insights and credit behaviour to speed up eligibility checks and tailor financing to businesses’ operating needs. The initial rollout is expected to reach more than 30,000 merchants, addressing funding challenges faced by small firms, which account for around 94 per cent of businesses in the UAE. The initiative aims to make business financing more accessible and support the growth of the country’s SME sector.