An electronic service for applying to the "Liquidity Loan" product, an urgent financing solution specifically designed to support micro-enterprises in Saudi Arabia. This product aims to meet the immediate financial needs of these enterprises, providing funding of up to ♦ 500,000 for businesses with annual sales not exceeding ♦ 40 million—all without visiting the bank branches.
- About The Product
- Conditions
- Requirements
The specifications and features of liquidity financing are summarized in the following points:
- A financing ceiling of up to 500k ♦ .
- Repayment period is up to 6 years (including the grace period).
- Grace period is up to 3 months.
- Financing disbursed in two installments: 60% for the first installment, and 40% for the second installment.
- Monthly repayment schedule
- Administrative fee: 7%.
- Annual service fee: 3.5%.
Target Category
CitizensBeneficiaries
NewFees
7% administrative fee
3.5% annual service feePayment Channels
Payment billAvailability
24/7
SLA
54 Working DaysService Start Date
2011
2022
Language
ArabicFAQs
Click Here920008007
920008007care@sdb.gov.sa
care@sdb.gov.saProduct features
Financing ceiling
500,000 ♦
Financing period
5 years
Payment method
On a monthly basis
Administrative fees
Administrative fee 7% Annual service fee 3.5%
The grace period
Up to 3 months
Customer journey
Apply
Eligibility check
Processing
Exchange
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