Liquidity
Loan

A product that targets financing assets and operating cycle of existing and new activities, whose sales do not exceed SAR 40 million
Product's Video - with Sign Language

  1. Financing starts from 50,000 to 300,000 riyals
  2. Financing period up to 8 years
  3. Grace period up to 6 months
  4. Payment method on a monthly basis
  5. Administrative fees are 7%, with the possibility of deducting fees from the original financing
  6. Annual service fee of 3.5%

  • Integrity of the credit record and that defaults do not exceed 15,000 riyals
  • A The percentage of the guarantee is not less than 100% of the financing amount, provided that the type of guarantee is a personal guarantee only, a deduction from the salary.
  • Acknowledgment that the sales of the facility to be financed do not exceed 40 million riyals
  • Submission of a commercial record of no less than 24 months owned by the applicant or owning a share equal or higher among the partners
  • The commercial registration shall be active for at least 90 days

  • Definition of the sponsor's salary
  • The bank account number (IBAN) printed and certified by the bank

All sectors and activities except for the following:
  • Insurance and brokerage.
  • Selling watches, jewelry, gold and precious products.
  • Sale and breeding of livestock.
  • Agricultural products.
  • Illegal activities.
  • Speculative activities.
  • Any activities supported by other government funds.
Target Audience
Citizen
Beneficiaries
New Product
Service Fees
Administrative fee 7%
Annual service fee 1%
Response Time:
24/7
Submission channels:
 
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Submission language:
Arabic
User's guide:
Service application start date
    2021  114-200.png    2022   m-icon2.png       
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Internal Strategic Engagement

Liquidity financing intersects with the fourth strategic objective of the Social Development Bank: providing value-added financing for small and emerging projects.

...
International strategic link

Liquidity Financing interacts with the 9th sustainble Development Goal of the United Nations. It can be viewd here

Product Features


Funding Ceiling
Up to 500k SAR

Loan Duration
Up to 8 years

Payment Method
Monthly

Administrative Fees
Administrative fee 7%
Annual service fee 3.5%

 


Grace Period
Up to 6 Months

Customer Journey


Submit Application

Eligibility Check

Processing

Deposit

...
Do you have any inquiries? 

If you have any questions regarding the Liquidity Loan, please see the Frequently Asked Questions.

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Comments

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Result

3.2 (From 3634 Ratings)
 
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