Fleet Financing

Overview

 Your business require Fleet of Vehicles, Construction Equipment’s for Transportation and to operate day to day business effectively. Saudi Finance has flexible Fleet Finance scheme under “Murabaha” program up to SR 2.5 Million to support your business.

Why to wait for your Dream to Grow!!

All our SME Finance schemes are purely Islamic based sharia complaint in nature.

Advantages

  • Fleet Finance Up to SR2. 5 Million for Cars, trucks ,buses or Construction  Equipment’s.
  • Competitive Profit Rates.
  • Maximum Tenure up to 48 Months.
  • Finance for used vehicles (maximum age 2 years) up to a tenure of 3 years.
  • Only pay a Down Payment of 10% of asset value.

Terms & Conditions

  • Minimum Annual Business Turn Over of SR 3 Million.
  • Minimum Experience as per Commercial Registry should be 3 years.
  • credit at the sole discretion of Saudi Finance Company

Required Documents

  • Copy of a valid ID card of the enterprise’s owner.
  • Business Bank Account statement by the enterprise’s name for the last 12 months.
  • Audited financial statements for the last 3 years.
  • Copy of commercial registration.
  • Quotation of Vehicles from an Authorized Dealer..
  • Foundation contract for companies.

How to apply

To apply for Saudi Finance Company product just follow the simple steps below:

  • Apply online, please click here.
  • Call us, please click here.
  • Visit us in our branches, please click here

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