At a Glance

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).

Programme based solution

Enabling a continual flow of liquidity access for both suppliers and buyers.

Onboarding

Seamless onboarding process minimizes hassle and reduces turnaround time.

Paperless Processing

Automated processing reduces paper transactions.

Features & Benefits

As a supplier, as soon as your buyer uploads your invoice, you will enjoy:

  • Improved working capital & steady liquidity
  • Early payment up to 100% of the approved payment instructions within 24 hours
  • Non-recourse. No loan documentation/procedures
  • Competitive early payment charges
  • No additional security required

How it Works

Supplier Finance for you as a Supplier

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:

  • 1. As a supplier, you deliver the goods and invoice to your buyer.
  • 2. Your buyer uploads the invoice listing.
  • 3. We provide you with early payment within 24 hours.
  • 4. We collect payment from your buyer on the invoice due date.

How to Apply

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.

Learn More

Watch this video to learn more about the platform's functionality and on-boarding information.




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For assistance and enquiries please contact us at EdbBusinessFinance@edb.gov.ae

Ⓒ 2021 EMIRATES DEVELOPMENT BANK. ALL RIGHTS RESERVED

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