Frequently asked questions
- The commercial register must comply with the conditions throughout the period of studying the application until final approval.
- The applicant must have a percentage not less than or higher than that of the partners.
- Yes, another guarantor can be added if the guarantor is rejected in a liquidity product.
- The Social Development Bank offers a liquidity product to finance micro-enterprises with a value of up to 500 thousand Saudi riyals.
- The liquidity product financing is disbursed in two installments, 60% for the first installment, and 40% for the second installment.
- All sectors and activities can benefit from a liquidity product except for the following:
Insurance and brokerage.
Selling watches, jewelry, gold and precious products.
Selling and raising livestock.
Agricultural products.
Illegal activities.
Speculative activities.
Any activities supported by other government funds.
Important links
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