Credit Guarantee Program
Get access to government-backed Credit Guarantee Program, a financial initiative by QDB. Connect with QIB and start the process now.
Credit Guarantee Program
Details
Quick, reliable assistance: Apply for Credit Guarantee Program at QIB and we’ll help you to secure funds quickly.
Wide funding coverage: Secure financing for your organisation’s OPEX (operational expenses like working capital, bid or performance bonds, and Credit Cards) and CAPEX (capital investments like asset and project financing) needs.
Existing company guarantee coverage: Get up to 50% of your finance amount, or up to 70% for smaller financing needs. Your exact coverage depends on factors like your industry sector, finance size, and your equity contribution.
Grace period: Enjoy peace of mind during lean financial periods of your business. Manufacturing projects get up to 3-year grace period with a maximum 15-year repayment tenure.
Flexible pricing approach: Your profit rate is based on your business assessment. If your guaranteed coverage exceeds 50%, the rate is capped at just 1% above Qatar's benchmark rate (QMR).
Collateral requirement: QIB sets collateral requirements based on our credit policies. We look at the project's risk level and your organisation’s financial health to determine the collateral requirements. In many cases, we may only require part of the total collateral, relying on the program structure to cover the rest.
Broad business eligibility: Qatar-based private sector companies with valid commercial licenses are eligible to apply. This includes businesses of all sizes across every major industry. While joint-stock and public holding companies are not eligible for this program, they may qualify for other QIB financing options.
Business & market readiness
- Your business addresses a genuine market need with demonstrated customer demand
- The project is commercially viable, supported by audited financials or a comprehensive feasibility study
Management & expertise
- Business owners and key stakeholders have relevant industry experience and technical expertise to execute the project
- You have (or can build) a qualified team capable of managing all project phases
Financial standing
- The business, its owners, and sponsors maintain positive credit histories and strong creditworthiness
Note: For eligible sectors and business activities, kindly visit QIB headquarters at QIB Towers – Aamaly Department or send your enquiry to info@qib.com.qa.
Companies can apply through the National Funding Gate and select QIB as their preferred option. Once the company meets the eligibility requirements, QIB can request for the guarantee to be issued.
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FAQs
Any Qatar-based private sector company with a commercial license can apply – from startups and family businesses to established enterprises.
Companies that support Qatar's economic growth and diversification are given priority, including:
- Manufacturing
- Logistics
- Tourism
- Technology & IT
- Education
- Agriculture & food security
- Healthcare
- Green technology & sustainability
If your business is in another sector, you're still welcome to apply. We will evaluate every application on its individual merits.
You can repay the required amount over up to 15 years, giving you time to grow your business without straining cash flow.
Companies can secure funds easily and get assistance from the largest Islamic Bank in Qatar. They can leverage other tailored made corporate services to conduct business beyond borders seamlessly.