Small and micro enterprises across the UAE now have easier access to essential capital thanks to a new digital lending service launched by Botim. Designed to address the common struggle of securing working capital, this platform offers loans ranging from Dh10,000 to Dh500,000 with flexible repayment periods of up to 12 months. Whether business owners need funds for payroll, equipment upgrades, or general expansion, the service aims to remove the traditional barriers and lengthy bureaucratic processes that have historically hindered growth for smaller firms.

The initiative, launched in collaboration with fintech provider Geidea, leverages AI-native tools to evaluate loan eligibility by analyzing transaction data and credit behavior rather than relying solely on traditional banking metrics. This streamlined approach is particularly vital for the UAE’s micro-business sector, which accounts for a significant portion of the country's SMEs. By integrating payment services with direct funding, Botim and Geidea are striving to support the nation’s ambitious goal of reaching one million SMEs by 2030, ensuring that small business owners can focus on scaling their operations rather than worrying about financial hurdles.