The specifications and features of the Entrepreneurship Financing product are summarized as follows:
- Loan ceiling of up to 500,000 ♦
- Repayment period of up to 9 years.
- Grace period of up to 12 months.
- Monthly repayment.
- Administrative fees: 9%.
- Annual service fee: 2%.
Project stages and disbursement mechanism:
1- New:
The project is in the idea evaluation stage, or the commercial registration age does not exceed 6 months (regardless of the actual project status).
Disbursement mechanism:
First tranche: 30%
Second tranche: 70%
2- Under Establishment:
The project exists on the ground and is in the establishment phase but has not yet started commercial operations.
The commercial registration age is more than 6 months and does not exceed 12 months.
Disbursement mechanism:
First tranche: 50%
Second tranche: 50%
3- Operating Stage:
The project is fully established and has started operations and commercial activity.
The commercial registration age is more than 6 months and does not exceed 12 months.
Disbursement mechanism:
First tranche: 75%
Second tranche: 25%
Last Modified Date 21/05/2026 - 6:06 PM Saudi Time