Financing of sales points

To obtain financing for a point of sale product, the following conditions must be met:

• The facility’s operating age must not be less than two years.
• The use of point-of-sale devices must not be less than one year (12 months).
• A minimum annual sales requirement of  360,000 ♦ is required, and a maximum of 40 million ♦ is required.
• If the financing amount is higher than 5 million riyals; It is required to have an audited budget for the last 12 months.
• Approval of the project and its compliance with standards after the initial visit to the project by the bank.