Working Capital Loan

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 Purpose: to fulfilling Short-Term Financing needs: & 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  
2. Raw Material and finished goods purchases.
 

Main Features
  •  All sectors inclusive
  • minimum of 1 year for Active CR
  • Financing up to 15 million SAR
  • Financing tenor up to 12 months


* Terms and conditions apply 

Other products
Microloan
Microloan
Term Loan
Term Loan
E-Commerce Loan
E-Commerce Loan
 Revolving Limit Loan
Revolving Limit Loan
Credit Card
Credit Card