Post by : Badri Ariffin

Abu Dhabi’s international financial centre, ADGM, through its subsidiary Numou, has unveiled a new Procurement Financing initiative aimed at transforming access to capital for SMEs. This flagship program is designed to help small businesses with government or corporate contracts overcome cash flow challenges, enabling them to execute projects smoothly and efficiently.

The innovative solution directly links guaranteed contract demand with financing options, creating a bridge between procurement opportunities and lenders. SMEs can now secure funds based on confirmed contracts, while financial institutions can assess creditworthiness through tangible business prospects rather than relying solely on traditional collateral or financial statements.

Numou’s digital lending marketplace brings together a wide network of partners, including fintech lenders such as CredibleX, Erad, Klubwork, Ahbi, Zelo, and FlapKap, along with government initiatives like the Khalifa Fund for Enterprise Development’s Abu Dhabi SME Champions Programme. This ecosystem ensures a seamless flow of capital to businesses that are ready to deliver on their contractual obligations.

The initiative also lays the groundwork for Numou’s ambitious SME Data Warehouse. This platform will aggregate real-time data from government entities, corporate partners, and financial institutions, providing lenders with insights to make more efficient and data-driven credit decisions. By doing so, the program aims to reduce dependency on conventional financial documentation and strengthen long-term SME growth.

Procurement Financing represents a significant step toward building a resilient private sector in the UAE. By addressing the funding gaps that often hinder small businesses, Numou is helping SMEs become strategic contributors to economic diversification, while fostering a supportive environment for entrepreneurship and innovation.

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