• Capital Expansion Financing: Used to finance expansion activities and operational assets only.
• Working Capital Financing: A financing product dedicated to covering operational expenses.

• Micro Enterprises: From SAR 150,000 up to SAR 1,000,000
• Small Enterprises: From SAR 500,000 up to SAR 10,000,000
• Non-Profit Sector: From SAR 500,000 up to SAR 10,000,000

Up to a maximum of 12 months.

All types of guarantees are accepted. However, a joint and several guarantee from the owner or partners is mandatory. Additional guarantees may be provided, provided that the joint and several guarantee from partners is included.

Micro and small enterprises, in addition to the non-profit sector.

Competitors refers to any entities providing similar services. For example, if a client offers coffee services and another client offers the same service, the latter is considered a competitor and should be recorded accordingly. 

It refers to the percentage of supplies or services provided by each supplier to the applicant.

It refers to the percentage of customers included in the applicant’s records.

No, there is no grace period.

• Commercial Registration
• Copy of the National ID of the owner, guarantors, and partners (if applicable)
• Articles of Association and partners’ resolution (if the applicant is a company)
• Nitaqat report
• Declaration of no objection for external inquiry on owners and guarantors
• SIMAH report
• Last four tax returns
• Audited financial statements for the last two years for small enterprises, and internal financial statements for one year for micro enterprises
• IBAN number
• Valid license from the Ministry of Human Resources and Social Development or the National Center for Non-Profit Sector Development

Disbursement is made in a single installment and may extend to up to four installments, depending on the case.

An administrative fee of 8% applies, which is deducted from the financing amount.