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: To fulfilling short and medium-term financing needs:
1.    Opex: General and Administrative Expenses (rent, sales expenses, transportation, salaries, and other expenses).
2.    Capex: Capital expenditures including fixed assets purchases, machinery & equipment purchases, and business expansion

3.     Raw Material and finished goods purchases.