Double The Perks: Aramex's Partnership With Revenue-Based Financing Platform FlapKap Aims To Empower The UAE's SME Sector Both Logistically And Financially

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Double The Perks: Aramex's Partnership With Revenue-Based Financing Platform FlapKap Aims To Empower The UAE's SME Sector Both Logistically And Financially

Aramex has partnered with FlapKap to enhance support for SMEs in the UAE. This collaboration allows SMEs to access working capital financing quickly, addressing their inventory, marketing, and operational needs. By combining Aramex's logistics expertise with FlapKap's financial solutions, the partnership aims to remove barriers for small and medium enterprises.

The partnership is particularly significant given the SME sector's contribution to the UAE's GDP, which exceeds 53%. Despite this, SMEs face a substantial credit gap, with only 4% of loans in the UAE going to them. This initiative not only provides financial support but also aims to educate SMEs on effective cash flow management, fostering growth and competitiveness.

• Partnership enables SMEs to access capital in 48 hours.

• FlapKap provides non-dilutive funding to support SME growth.

Key AI Terms Mentioned in this Article

Revenue-Based Financing

This model allows SMEs to access capital without giving up equity.

Working Capital

Access to working capital is crucial for SMEs to manage inventory and operational needs.

Logistics Support

Aramex provides logistics support to help SMEs streamline their supply chain.

Companies Mentioned in this Article

Aramex

Aramex aims to enhance the competitiveness of SMEs through its comprehensive logistics solutions.

FlapKap

FlapKap's services are designed to empower SMEs by offering non-dilutive funding options.

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