SME Tawarruq

Overview

If your business demands any kinds of needs like Operational or Investments in nature, Saudi Finance will provide a Cash Finance up to SAR 5 Million against a Real estate Collateral under “TAWARRUQ” program.

Why to wait for your Dream to Grow!!

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

Advantages

  • Cash Finance Up to SR 5 Million ,if  you provide a Real Estate Collateral as Guarantee  OR
  • Cash Finance Up to SR 500,000 if you provide 2 third party guarantors.
  • Competitive Profit Rates.

Terms & Conditions

  • Minimum Annual Business Turn Over of SR 3 Million.
  • Minimum Experience as per Commercial Registry should be 3 years.
  • Maximum tenure up to 60 months.
  • 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.
  • A brief report about the requirement of Finance.
  • 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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