Asset Loan
A financing product that supports your entry into the transport sector, including vehicle financing for delivery work or equipment for logistics services such as marine transport, refrigerated transport, or flatbed trucks. Get up to ♦ 300,000 with a repayment period of up to 5 years and no annual fees. The product includes cash incentives upon registration in the Freelance Incentive Program. Application is fully digital, without the need to visit any bank branch.
The specifications and features of the Asset Financing product are summarized as follows:
- Loan ceiling of up to 300,000 ♦
- Repayment period of up to 5 years.
- Monthly repayment method.
- The applicant may act as a guarantor for others while also obtaining Asset Financing.
- Financial incentives through the Self-Employment Incentives Program. To learn more about incentives, click here.
- Loan exemption according to the terms of the insurance policy in case of death (God forbid).
Administrative Fees:
Vehicle Financing Track: Not exceeding 17,000 ♦, including a seriousness fee starting from 2,000 ♦ paid by the client after the application passes the processing stage (added to the total loan amount).
Logistics Services Financing Track: Not exceeding 9,000 ♦, including a seriousness fee starting from 2,000 ♦ paid by the client after the application passes the processing stage (added to the total loan amount).
Last Modified Date 06/05/2026 - 12:02 PM Saudi Time