Description:

This type of financing product is targeting Micro Enterprises [whose annual revenues not exceeding SAR 3 million, and the number of full-time employees does not exceed 5 ]

Loan Purpose:&nbsp;To fulfilling short and medium-term financing needs: 
1.&nbsp;&nbsp; &nbsp;Opex: General and Administrative Expenses (rent, sales expenses, transportation, salaries, and other expenses). 
2.&nbsp;&nbsp; &nbsp;Capex: Capital expenditures including fixed assets purchases, machinery &amp; equipment purchases, and business expansion

3.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Raw Material and finished goods purchases. 
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This type of financing product is targeting Micro Enterprises [whose annual revenues not exceeding SAR 3 million, and the number of full-time employees does not exceed 5 ]

Microloan

Description:

This type of financing is targeting Micro, Small, and medium enterprises [whose annual revenues do not exceed SAR 200 million and the number of employees not exceeding 250].

Loan&nbsp;Purpose: to&nbsp;fulfilling Short-Term Financing needs: &amp; to cover short-term expenses including the following: 
1. Operating expenses including Rent, Utilities, Salaries to employees (Full-time/Part-time), Transportation, and other short-term liabilities &nbsp; 
2. Raw Material and finished goods purchases. 
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This type of financing is targeting Micro, Small and Medium enterprises [whose annual revenues do not exceed SAR 200 million and the number of employees not exceeding 250].

Working Capital Loan

Description:

This type of financing is targeting Micro, Small, and medium enterprises [whose annual revenues do not exceed SAR 200 million and the number of employees not exceeding 250].

Loan&nbsp;Purpose:&nbsp;to&nbsp;fulfilling Medium-Term Financing &amp; The purpose of Term Loans is to provide medium-term financing for SMEs, including fixed assets purchases and business expansion. 
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Term Loan

Description:

This type of financing is targeting E-Commerce for Micro, Small, and medium&nbsp;enterprises [whose annual revenues do not exceed SAR 200 million and the number of employees not exceeding 250].

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Loan Purpose:&nbsp;to&nbsp;fulfilling Short and Medium-Term Financing &amp; To finance the immediate needs of micro, small, and medium enterprises registered on E-commerce platforms for inventory and finished goods.

This type of financing is targeting E-Commerce for Micro, Small and Medium enterprises [whose annual revenues do not exceed SAR 200 million and the number of employees not exceeding 250].

E-Commerce Loan

Description:

This type of financing is targeting Micro, Small, and medium enterprises [whose annual revenues do not exceed SAR 200 million and the number of employees not exceeding 250] with a revolving Credit limit that is re-initiated and set once the entire loan part has been paid.

Loan&nbsp;Purpose: to&nbsp;fulfilling short-term financing needs &amp; to cover the business operating expenses of Micro, Small, and medium enterprises with flexible loan withdrawals within the pre-approved credit limit.

This type of financing targets Micro, Small, and medium enterprises [whose annual revenues do not exceed SAR 200 million and the number of employees did not exceed 250] with a revolving Credit limit that is re-initiated and set once the full loan pri

 Revolving Limit Loan

Description:

The credit card product is targeting Micro, Small, and medium enterprises [whose annual revenues do not exceed SAR 200 Million and the number of employees not exceeding 250].

Purpose:&nbsp;to fulfilling the short-term financing needs &amp; to&nbsp;cover business expenses of MSMEs, such as: 
 
1. Petty Cash: usual business payments such as office supplies, transportation supplies, and marketing expenses. 
2. General Purposes: travel expenses for employees including flight tickets, hotel bookings, dining expenses, and car rentals.

The credit card product is targeting Micro, Small and Medium enterprises [whose annual revenues do not exceed SAR 200 million and the number of employees not exceeding 250].

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Products

Microloan

Working Capital Loan

Term Loan

E-Commerce Loan

Revolving Limit Loan

Credit Card