{"id":13221,"date":"2025-11-28T04:28:37","date_gmt":"2025-11-28T04:28:37","guid":{"rendered":"https:\/\/fintechnews.ae\/?p=28957"},"modified":"2025-11-28T04:28:37","modified_gmt":"2025-11-28T04:28:37","slug":"erad-raises-125m-with-jefferies-to-boost-sme-finance-in-the-gcc","status":"publish","type":"post","link":"https:\/\/mena-fintech.org\/demo\/erad-raises-125m-with-jefferies-to-boost-sme-finance-in-the-gcc\/","title":{"rendered":"erad Raises $125M with Jefferies to Boost SME finance in the GCC"},"content":{"rendered":"

Riyadh-based alternative financing platform erad<\/a> has partnered with Jefferies, with co-investment from Channel Capital, to secure US$125 million in a credit facility aimed at expanding embedded finance solutions across the GCC.<\/p>\n

Once finalised, the transaction will mark Jefferies\u2019 first GCC asset-backed financing deal and support its plans to grow its presence in Saudi Arabia.<\/p>\n

The facility builds on erad\u2019s sixfold year-on-year growth and over US$700 million in funding requests.<\/p>\n

It provides capacity to meet rising demand from SMEs in Saudi Arabia and the wider GCC.<\/p>\n

Funds for Saudi SMEs will be deployed via CMA-licensed direct financing funds managed by Erad Partners Capital.<\/p>\n

Salem Abu-Hammour, Co-founder of erad, said:<\/p>\n

\"Salem
Salem Abu-Hammour<\/figcaption><\/figure>\n
\n

\u201cBy embedding financing directly into existing supplier and platform relationships, we\u2019re making working capital as accessible as a payment transaction. The support from regulators, Jefferies and Channel Capital demonstrates the strategic importance of alternative finance in supporting the Kingdom\u2019s goal of SME growth.\u201d<\/p>\n<\/blockquote>\n

SMEs contribute roughly 50% of GDP and employ two-thirds of the workforce across the GCC, but face a US$250 billion financing gap that constrains growth.<\/p>\n

Mark Collier, Managing Director at Jefferies, added:<\/p>\n

\"Mark
Mark Collier<\/figcaption><\/figure>\n
\n

\u201cThe combination of erad\u2019s proprietary technology platform with our global experience will enable erad to address the real-time working capital needs of SMEs across the region.\u201d<\/p>\n<\/blockquote>\n

Following the transaction, erad plans to expand its embedded finance products, allowing suppliers and business platforms to offer integrated financing at the point of sale.<\/p>\n

The model is already live with partners in healthcare and F&B sectors across Saudi Arabia and the UAE.<\/p>\n

 <\/p>\n

Featured image credit: erad<\/a><\/em><\/p>\n

The post erad Raises $125M with Jefferies to Boost SME finance in the GCC<\/a> appeared first on Fintechnews Middle East<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"

Riyadh-based alternative financing platform erad has partnered with Jefferies, with co-investment from Channel Capital, to secure US$125 million in a credit facility aimed at expanding embedded finance solutions across the GCC. Once finalised, the transaction will mark Jefferies\u2019 first GCC asset-backed financing deal and support its plans to grow its presence in Saudi Arabia. The […]<\/p>\n

The post erad Raises $125M with Jefferies to Boost SME finance in the GCC<\/a> appeared first on Fintechnews Middle East<\/a>.<\/p>\n","protected":false},"author":15,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[212,487,200,173],"tags":[],"class_list":["post-13221","post","type-post","status-publish","format-standard","hentry","category-erad","category-jefferies","category-saudi-arabia","category-saudia-arabia"],"_links":{"self":[{"href":"https:\/\/mena-fintech.org\/demo\/wp-json\/wp\/v2\/posts\/13221","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/mena-fintech.org\/demo\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mena-fintech.org\/demo\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/mena-fintech.org\/demo\/wp-json\/wp\/v2\/users\/15"}],"replies":[{"embeddable":true,"href":"https:\/\/mena-fintech.org\/demo\/wp-json\/wp\/v2\/comments?post=13221"}],"version-history":[{"count":1,"href":"https:\/\/mena-fintech.org\/demo\/wp-json\/wp\/v2\/posts\/13221\/revisions"}],"predecessor-version":[{"id":13222,"href":"https:\/\/mena-fintech.org\/demo\/wp-json\/wp\/v2\/posts\/13221\/revisions\/13222"}],"wp:attachment":[{"href":"https:\/\/mena-fintech.org\/demo\/wp-json\/wp\/v2\/media?parent=13221"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mena-fintech.org\/demo\/wp-json\/wp\/v2\/categories?post=13221"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mena-fintech.org\/demo\/wp-json\/wp\/v2\/tags?post=13221"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}