Supply Chain Finance (SCF) helps free up cash trapped in the supply chain process for both suppliers and buyers. As part of its mission to support the development of the SME eco-system in UAE, Emirates Development Bank has launched the UAE’s National Supply Chain platform for client’s Procurement (Supplier Finance).
Enabling a continual flow of liquidity access for both suppliers and buyers.
Seamless onboarding process minimizes hassle and reduces turnaround time.
Automated processing reduces paper transactions.
As a supplier, as soon as your buyer uploads your invoice, you will enjoy:
Through a Buyer-led Supplier Finance programme, Emirates Development Bank will provide an early payment to you based on confirmed invoices by your Buyer. Here’s how it works:
Onboarding to the National Supply Chain Finance Platform is led by a corporate client, known as an Anchor. As such, we approach suppliers and distributors only once we’ve negotiated an agreement with a suitable Anchor.
Watch this video to learn more about the platform's functionality and on-boarding information.
For assistance and enquiries please contact us at EdbBusinessFinance@edb.gov.ae