SME`s Saudi National Day Offers

SME`s Saudi National Day Offers

The Offer:

  • 50% Off on Fees
  • Competitive financing pricing

Apply Now

 

  1. POS Finance:

    This product provides financing for micro and small enterprises based on their cash flows through POS (Point of Sale) terminals provided by the bank.

 

  1. Payroll Finance:

    This product is designed to finance salary expenses for businesses based on their current account transactions, offering a highly flexible and swift credit approval process.

 

  1. Capex Finance:

    This product enables clients to achieve their expansion plans by financing fixed assets, branch expansions, equipment and machinery, and vehicles, based on their current account transactions.

 

  1. Invoices Finance:

    This product provides operational cycle financing by funding supplier invoices with revolving credit limits, based on the client’s current account transactions.

 

  1. Daman (Guarantee):

    This product facilitates the issuance of performance or final guarantees for micro, small, and medium enterprises. It supports contractors with government or quasi-government projects valued between 2 million and 20 million Riyals, covering up to 50% of the guarantee amount, with a maximum guarantee range of 100,000 to 1 million Riyals.

 

  1. E-Commerce Finance:

    This product serves micro, small, and medium enterprises by providing financing based on cash flows received through the Alinma payment gateway or other banks. It features a flexible and rapid credit approval process.

 

  1. Supplier Receivables Finance:

    This product supports micro, small, and medium-sized enterprises by offering financing to cover working capital needs against accounts payable invoices or contracts approved by government, quasi-government, or large private companies. The financing is based on the supplier's experience and capabilities, as well as the quality of the project owner or buyer.

 

Offer Advantages:

  • The offer is valid from September 22 until the end of October 2024.
  • Competitive rates and fees.
  • Rapid processing of financing applications.
  • Flexible and simple financing conditions, with no financial statements required.

 

Offer Conditions:

  • Submit your application within the offer period.
  • The business must have been operational for at least one year as per the commercial registration.
  • A positive credit history for both the business and its owners.
  • Terms and conditions apply.