Excellence Pro Laon
An electronic service for applying to the Excellence financing for companies product financing solution tailored to support the growth and expansion of micro-enterprises in Saudi Arabia. This product aims to empower these companies through funding for capital expansions or providing liquidity for operational cycles, enhancing their performance and contribution to the national economy—all without visiting the bank branches
- There is no delay or default in financing from the Social Development Bank
- The operating life shall not be less For the facility for 3 years Sales do not exceed 3 million riyals
- The integrity of the credit record and that the defaults do not exceed 15 thousand riyals or do not exceed 90 days
- No financial implementation issues
- Types of acceptable guarantees: Salary deduction guarantee – Third party warranty – Guaranteeing legal personality (companies and institutions) – Mortgage – Financial guarantee
- The ability to provide a guarantee with a coverage rate of no less than 100% of the financing amount.
- 10% self-contribution
Last Modified Date 26/04/2026 - 3:03 PM Saudi Time