DUBAI CROWDFUNDING PLATFORM EMIRATES CROWDLENDING SITES
In Dubai crowdfunding is defined as an alternative funding solution to give access to Emirati and foreign business people to obtain access to money to be used to run their company or initiate a startup in the emirates.
In Dubai crowdfunding is very useful for young Emiratis entrepreneurs who are facing difficulties to receive a positive credit approval from Emirati banks in the context of the financial crisis reigning in the region.
Crowdlending in Dubai leads a win-win position for both counterparties, the Emirati investor who wants to obtain a high return for his investment and for the borrower who wants to run his business without using conservative banks.
Dubai crowdfunding platforms and sites are numerous and their role is to bring together equity injectors and entrepreneurs of the emirate without going through any financial institution but such platforms are regulated through the Emirati central bank.
Crowdfunding in Dubai covers several types of business which can be dedicated to Emirati SMEs as well as to contractors and real-estate developers and sponsors for infrastructure projects which needs large funding facilities.
A crowdlender in Dubai has two options when investing cash via a crowdfunding platform, he can act as equity provider with the aim to be shareholder of the company, or just lend money and expects high interests in return.
DUBAI ONLINE CROWDFUNDING PLATFORM