One of the key issues facing business enterprises in UAE is raising finance to meet their working and growth capital requirements. This is because many Gulf banks are experiencing tight liquidity and a significant rise in non-performing customers.
This gave rise to many non-Bank funding institutions coming into the market to fill this gap.
Synergate has developed strong relationships with a number of these institutions, in particular for the following types of finance :
- Trade Finance
- Trade Receivables[
- Project Finance
- Bank guarantees for credit enhancement
- Private Equity
In addition to international sources, Synergate has close relationship with a number of local and reginal high net worth business Angels who have the appetite to invest in the SME sector in the UAE .
The key ingredients for successfully raising funds are:
Understanding the true trading and financial position of the client
Developing the optimal financial structure for the fund raising exercise.
Preparation and Presentation of the right documentation that will meet the needs and expectations of the sources of finance.
Targeting the right sources that are likely to be interested
Negotiating best terms.
Managing the transaction from inception to completion to ensure a timely and smooth closing.
Synergates executive and strategic partners have extensive experience in all of the above.