The Qatar Development Bank (QDB) has introduced two new initiatives to support local businesses amid current regional developments, the Working Capital Stabilization Guarantee Program for private sector service companies, and the Working Capital Stabilization Program for Qatar-based factories.
The programs aim to strengthen working capital and liquidity, helping businesses sustain operations, manage financial pressures, maintain operational stability, and navigate ongoing market challenges efficiently.
Launched under QDB’s Situation Room, activated in March as a proactive support hub, the initiatives provide specialized financing and advisory solutions aimed at stabilizing the private sector, enhancing business continuity, and addressing urgent operational and liquidity needs.
The Working Capital Stabilization Guarantee Program offers financing through national partner banks with a 100 percent QDB-backed guarantee. It targets sectors including Accommodation, Housing, Food and Hospitality, Arts and Entertainment, Professional Services, and Administrative Support. Financing covers salaries, rent, and other operational costs for up to three months, with repayment terms of up to four years and a grace period of up to two years. No guaranteed fees are applied to partner banks.
Meanwhile, the Working Capital Stabilization Program provides direct financing for factories, covering salaries, rent, and essential expenses for up to three months. The repayment tenor also extends to four years with a grace period of up to two years, at a maximum profit rate of 3 percent.
QDB noted that these programs build on its recent suite of support initiatives designed to help the private sector respond to evolving challenges, reinforcing the resilience of Qatar’s national economy through coordinated action with relevant authorities.
