INMA Fund Opens SME Financing Applications in Oman with RO 25 Million Allocation

Muscat, January 30 – The Small and Medium Enterprises Development Fund (INMA) has officially opened financing applications for 2025, offering RO 25 million in funding to support SMEs across Oman.

According to Yahya bin Saleh Al Siyabi, Marketing Director at INMA Fund, the allocated funds will be distributed through INMA’s branches in Muscat, Sohar, and Salalah. He emphasized that the existing qualification procedures for financing will remain in place, with extended repayment terms of up to 8 years, an increase from the previous 5-year limit.

Key Financing Details

The fund will provide financial support for various business needs, including:

• Asset financing
• Project financing
• Bill discounting
• Working capital support

Loan amounts will range between RO 50,000 and RO 500,000 for SMEs, while larger businesses may receive financing of up to RO 1 million under INMA’s Islamic financing program.

Priority Sectors for Funding

In alignment with Oman’s national economic priorities, INMA will focus on financing businesses in key industries, including:

• Tourism
• Services
• Infrastructure
• Transportation
• Oil and gas
• Industry and trade

Supporting SMEs Beyond Financing

Beyond providing financial assistance, INMA will continue its field visit program to support and guide SME owners. The Fund will also offer accounting oversight services to monitor financial stability and ensure the effective management of business cash flow.

This initiative aims to empower Omani entrepreneurs, strengthen the SME sector, and contribute to the overall economic growth of the Sultanate.

For all the latest news from Oman and GCC, follow us on Instagram, like us on Facebook & subscribe to our YouTube Channel, which is updated daily.