Request for Grace Period Extension
It is a service
provided to current applicants who benefit from the services of Mohammed bin
Rashid Fund to support SMEs by submitting a letter requesting an extension of
the grace period due to the loan.
Supplementary
Procedural Service
Request letter from the applicant.
Fill out the service submission form via e-mail.
1-Send a message via the unified Foundation e-mail: info@sme.ae
2-Communication and discussion about the application.
3-An approval/rejection email is received.
4-The applicant's signature on the updated payment schedule.
To be a current
beneficiary of funding services.
Individuals Category - New Entrepreneurs from Citizens.
Members Category - National Projects Owners.
(Beneficiaries of Funding Services).
How often is it
allowed to use the service?
There is no
specific number to benefit from the service and it depends on the approval of
the committee.
What is the grace
period offered to applicants?
It varies
according to the nature of the service and extends from one month to 24
months.