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.
- About The Product
- Conditions
- Requirements
- Vehicle financing ceiling reaches 300,000 ♦
- Financing period up to 60 months
- Administrative fees:
- Administrative fees do not exceed 17,000 ♦ and are calculated from the value of the assets for the routes (directed transportation, delivery of orders).
- Administrative fees do not exceed 9,000 ♦ and are calculated from the value of the assets of the logistics services route
- Monthly payment method
Target Category
CitizensBeneficiaries
135000 ♦Fees
Directed Transportation and Order Delivery Route:Administrative fees do not exceed 17,000♦, including a 2,000♦ earnest money fee, payable after the application has passed the processing stage and added to the loan amount.Logistics Route:Administrative fees do not exceed 9,000♦, including a 2,000♦ earnest money fee, payable after the application has passed the processing stage and added to the loan amount.Payment Channels
Payment billAvailability
24/7SLA
120 working daysService Start Date
2018
2022
Language
ArabicFAQs
Click Here920008007
920008007care@sdb.gov.sa
care@sdb.gov.saProduct features
Financing ceiling
Up to 300,000 ♦
Financing period
Up to 60 months
Payment method
On a monthly basis
Administrative fees
It does not exceed 17,000 ♦ and is calculated from the value of the assets for the routes (directed transportation, delivery of orders).
It does not exceed 9,000 ♦ and is calculated from the value of the assets of the logistics services path
It does not exceed 9,000 ♦ and is calculated from the value of the assets of the logistics services path
Exemption according to the terms of the insurance policy
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Customer journey
Apply
Eligibility check
Processing
Exchange
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