MUSCAT : This initiative seeks to enhance national exports, contribute to economic diversification, and improve the international competitiveness of Omani small and medium enterprises (SME).

The programme is designed for all existing SMEs that have secured purchase orders or export contracts from outside Oman and have insurance coverage from Credit Oman. It targets businesses whether they are experienced exporters looking to expand or newcomers entering the export market for the first time.
The financing programme provides essential financial support to cover production costs associated with invoices, contracts, or purchase orders from foreign companies. By enhancing the ability of SMEs to export their products, the initiative aims to increase the volume of national exports and expand the geographical reach of Omani businesses. This, in turn, will strengthen Oman’s commercial position on the international stage and help SMEs tap into new markets, boosting sales opportunities and revenue.

To apply for this initiative, entrepreneurs must complete approved training programmes offered by the Authority, which are designed to equip them with the skills to establish and manage their projects effectively. Additionally, they must obtain approval from Credit Oman for insurance coverage related to their contracts, ensuring that their financial and credit status meets the criteria for financing.

The Authority has published a comprehensive guide on its website and social media platforms detailing the procedures for disbursing loan items. This guide includes information on the necessary documentation for various categories, such as buildings and constructions, machinery, equipment, and vehicles. The aim is to streamline the application process, enhance transparency, and facilitate communication between SMEs and the Authority, thereby raising awareness of the disbursement requirements and ensuring compliance with established standards.

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