Business Finance

 

 

 

 

 

 

 

  Financing small and medium Companies

  • Tawarruq Financing up to 5,000,000 SR, Shariah-Compliant.
  • Financing vehicle fleets up to 2 million riyals.
  • Financing equipment up to one million riyals.
  • Financing goods up to SR 250,000.
  • Review the annual profit rate

  Basic documents to be available 

  • Bank statement for the last year.
  • Copy of the commercial register.
  • Fill-off the finance application.
  • Audited financial statements for the last 3 years (500,000 SR and above).

 

To apply please Click here

Review the annual profit rate
Product  Loan/Finance Amount  Annual Percentage Rate (APR)  Management Fees  Upper and Lower Limits  Annual Benefits  Installment Amount 
SME Finance  1,000,000  21.65%  10,000  N/A  4 years  30,000 monthly 
SME Finance  3,600,000  21.08%  36,000  N/A  5 years  93,000 monthly 
SME Finance  700,000  29.33%  7,000  N/A  2 years  37,333 monthly 

  APR may differ depending on the amount and the maturity period and subject to credit scoring of each customer 

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