a.&nbsp;&nbsp; &nbsp;SME Bank is one of the most important engines of economic growth in the Kingdom of Saudi Arabia. It creates more jobs, supports innovation, and boosts exports. It is one of the essential elements of the Saudi Vision 2030. It has enhanced the contribution of SMEs to local production in the Kingdom of Saudi Arabia.

b.&nbsp;&nbsp; &nbsp;SME Bank has been launched as one of the development funds and banks affiliated with the National Development Fund. SME Bank aims to increase the Funding provided to the SMEs sector to cover funding gaps, enhance the contributions of financial institutions in providing innovative funding solutions, and achieve financial stability for this vital sector. SME Bank has become a fundamental pillar for economic development in the Kingdom of Saudi Arabia and an enabler for achieving the Saudi Vision 2030. 
c.&nbsp;&nbsp; &nbsp;SME Bank focuses on providing all its products and services digitally without establishing branches. E-access contributes to providing services to all promising areas. The bank also applies international best practices in cooperation with international and local partners to build a portfolio of products suitable for each SME segment.

 a. SME Bank is one of the most important engines of economic growth in the Kingdom of Saudi Arabia. It creates more jobs, supports innovation, and boosts exports. It is one of the essential elements of the Saudi Vision 2030. It has enhanced the cont

What is SME Bank?

We seek to become a significant enabler of funding solutions for SMEs and enhance their role in the Saudi economy.

We seek to become a significant enabler of funding solutions for SMEs and enhance their role in the Saudi economy.

What is the vision of the SME Bank?

a.&nbsp;&nbsp; &nbsp;Contributing to covering Funding gaps and increasing the volume of Funding provided to the SME sector to include loan and capital Funding solutions and Funding guarantees.

b.&nbsp;&nbsp; &nbsp;Facilitating access to Funding in promising sectors and areas by providing services and products through digital channels in line with Saudi Vision 2030 to build a digital economy and digital nation.

c.&nbsp;&nbsp; &nbsp;Enhancing the contributions of financial institutions in funding the SME sector. 
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a. Contributing to covering Funding gaps and increasing the volume of Funding provided to the SME sector to include loan and capital Funding solutions and Funding guarantees. b. Facilitating access to Funding in promising sectors and areas by providi

What are the main objectives of SME Bank?

It is an enterprise whose annual revenues not exceeding SAR 3 million, and the number of full-time employees does not exceed 5&nbsp;

It is an enterprise whose annual revenues not exceeding SAR 3 million, and the number of full-time employees does not exceed 5 

What is meant by micro-enterprises?

It is an enterprise whose annual revenues not exceeding SAR 40 million, and the number of full-time employees does not exceed 49.

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It is an enterprise whose annual revenues not exceeding SAR 40 million, and the number of full-time employees does not exceed 49.    

What is meant by small enterprises?

It is an enterprise with Annual revenues that do not exceed SAR 200 million and a number of employees do not exceed 249.

It is an enterprise with Annual revenues that do not exceed SAR 200 million and a number of employees do not exceed 249.

What is meant by medium enterprises?

SME Bank currently provides six products, and they are 
1.&nbsp;&nbsp; &nbsp;Microloans 
2.&nbsp;&nbsp; &nbsp;Working Capital Loans 
3.&nbsp;&nbsp; &nbsp;Term Loans 
4.&nbsp;&nbsp; &nbsp;SMEs Credit Card 
5.&nbsp;&nbsp; &nbsp;Revolving Limit Loans 
6.&nbsp;&nbsp; &nbsp;E-commerce Loan

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SME Bank currently provides six products, and they are 1. Microloans 2. Working Capital Loans 3. Term Loans 4. SMEs Credit Card 5. Revolving Limit Loans 6. E-commerce Loan  

What are SME Bank Products?

Microloans provide quick and efficient lending to Micro enterprises that are underserved by banks due to the lack of guarantees or are located in areas that banks do not fully cover; until they build up the credit history that enables them to receive financing from commercial banks in the future.

Microloans provide quick and efficient lending to Micro enterprises that are underserved by banks due to the lack of guarantees or are located in areas that banks do not fully cover; until they build up the credit history that enables them to receive

What are Microloans?

<ol>
	<li>General and administrative expenses (rent, sales expenses, transportation, salaries, and other expenses)</li>
	<li>Capital expenditures, including</li>
</ol>

<ul>
	<li>Acquisition of new electronic components, vehicles, and assets to improve business productivity.</li>
	<li>​​​​​Acquisition of technological programs and their licenses</li>
	<li>Acquisition of machinery and equipment</li>
</ul>

3.&nbsp;Purchases of raw materials and inventory

 General and administrative expenses (rent, sales expenses, transportation, salaries, and other expenses) Capital expenditures, including   Acquisition of new electronic components, vehicles, and assets to improve business productivity. ​​​​​Acquisit

What is the Purpose of Microloans?

The Working Capital Loans provide one-off direct lending, which targets underserved MSMEs in the market with the financing needed to cover expenditures and finance everyday operations until they build up a credit history that enables them to receive funding from commercial banks in the future.

The Working Capital Loans provide one-off direct lending, which targets underserved MSMEs in the market with the financing needed to cover expenditures and finance everyday operations until they build up a credit history that enables them to receive 

What are the Working Capital Loans ?

<ol>
	<li>Operating expenses including rent, utilities, employee salaries, transportation, and other short-term liabilities</li>
	<li>Purchases of raw materials and commodities</li>
</ol>

 Operating expenses including rent, utilities, employee salaries, transportation, and other short-term liabilities Purchases of raw materials and commodities 

What is the Purpose of Working Capital Loans?

The Medium-Term Loans provide direct lending that targets underserved MSMEs in the market with the finance needed to cover expenditures and finance the purchase of fixed assets and expansion activities until they build up a credit history that enables them to receive financing from commercial banks in the future.

The Medium-Term Loans provide direct lending that targets underserved MSMEs in the market with the finance needed to cover expenditures and finance the purchase of fixed assets and expansion activities until they build up a credit history that enable

What is the Medium-Term Loan?

The purpose of the medium-term loan is to provide medium-term Funding for micro, small and medium enterprises, including the purchase of fixed assets and expansions in activity.

The purpose of the medium-term loan is to provide medium-term Funding for micro, small and medium enterprises, including the purchase of fixed assets and expansions in activity.

What is the Purpose of the Term Loan?

The SME Corporate Credit Cards provides payment solutions and services, enabling MSMEs to cover their business expenses with flexible payback options. The credit cards are issued as a white-label solution in collaboration with the bank overseeing the issuance and management of the SME corporate credit cards.

The SME Corporate Credit Cards provides payment solutions and services, enabling MSMEs to cover their business expenses with flexible payback options. The credit cards are issued as a white-label solution in collaboration with the bank overseeing the

What is the SMEs Credit Card?

To cover the business expenses of MSMEs, such as

<ol>
	<li>Petty Cash: regular business payments such as office supplies, transportation, and marketing expenses</li>
	<li>General Purposes: Employee travel expenses, including airline tickets, hotel reservations, dining expenses, and car rentals</li>
</ol>

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To cover the business expenses of MSMEs, such as  Petty Cash: regular business payments such as office supplies, transportation, and marketing expenses General Purposes: Employee travel expenses, including airline tickets, hotel reservations, dining 

What is the Purpose of the SME Credit Card?

Short Term loans with revolving limits that are re-initiated and set once the full loan principal or partially has been paid, without needing a loan approval process, to help MSMEs build their credit&nbsp;history.

Short Term loans with revolving limits that are re-initiated and set once the full loan principal or partially has been paid, without needing a loan approval process, to help MSMEs build their credit history.

What is the Revolving Limit Loan ?

Covering business operating expenses for MSMEs with flexible loan withdrawals within the pre-approved credit limit

Covering business operating expenses for MSMEs with flexible loan withdrawals within the pre-approved credit limit

What is the Purpose of a Revolving Limit Loan?

E-commerce loans are provided in cooperation with E-commerce platforms to fulfill the financial needs of micro and small enterprises financial needs and cover working capital needs.

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E-commerce loans are provided in cooperation with E-commerce platforms to fulfill the financial needs of micro and small enterprises financial needs and cover working capital needs.  

What is the E-commerce Loan?

Funding the immediate needs of MSMEs registered on e-commerce platforms for inventory and finished goods.

Funding the immediate needs of MSMEs registered on e-commerce platforms for inventory and finished goods.

What is the Purpose of the E-commerce Loan?

You can contact Small and Medium Enterprises Bank by calling us at 8003033333. 

Or via Twitter account: @smebankcare

Or via Customer Care e-mail: <a href="mailto:Smebankcare@smebank.gov.sa">Smebankcare@smebank.gov.sa</a>

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You can contact Small and Medium Enterprises Bank by calling us at 8003033333.  Or via Twitter account: @smebankcare Or via Customer Care e-mail: Smebankcare@smebank.gov.sa  

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