A government website registered with the Digital Government Authority

عربيLogin

Assets Financing

Apply
Freelancing

It is a financing solution that supports you in leveraging workflow paths within the transport sector, whether through vehicle financing for delivery operations or financing logistics service equipment, such as maritime transport, refrigerated transport, or flatbed trailers. It provides you with financing of up to 300,000 SAR and a repayment period of up to 5 years, with no annual fees. The product includes additional cash incentives upon registering for the freelance incentive program. The application process for this product is fully electronic, without the need to visit any bank branches.

Service Level Agreement

Product Specifications & Fees:

  1. Financing up to 300 thousand SAR.
  2. Financing duration up to 5 years (60 months).
    Repayment mechanism is on a monthly basis.
  3. The applicant can be a guarantor for others while obtaining assets financing.
  4. Exemption is according to the insurance policy terms in the event of death, God forbid.
  5. Administrative and commitment fees are determined by the professional track as follows:
    • Vehicle Financing Track: Fees do not exceed SAR 17,000, including a SAR 2,000 commitment fee paid via the SADAD system after final approval (added to the total loan value).
    • Logistics Track: Fees do not exceed SAR 9,000, including a SAR 2,000 commitment fee.
    • Note: Commitment fees are non-refundable unless the car dealership officially apologizes for being unable to deliver the vehicle.

Related Products

  • Seasonal Financing

    A financing product designated for workers in licensed seasons within the Kingdom, such as the dates, coffee, or honey seasons. Through a financing amount of up to 30,000 SAR, repayment is made over a period of 18 months with easy monthly installments and administrative fees not exceeding 2,000 SAR. Applying for the product is fully electronic, without the need to visit the bank's branches.

    Freelancing
    ApplyDetails

  • Cash Financing

    A flexible financing product that helps freelance practitioners launch their own businesses or develop their skills, whether they are craftsmen or work through delivery applications. It is designed for individuals seeking to increase their monthly income through self-employed freelance activities, with financing of up to SAR 200,000. An administrative fee of up to SAR 13,000 may apply and will be deducted from the financing amount. The application process is fully digital and can be completed online without the need to visit any Bank branch.

    Freelancing
    ApplyDetails

  • Bank Cards

    Financing for individuals wishing to enter the self-employment field for beginners, up to 48 thousand SAR. The financing is disbursed into a bank card through the partner bank/banks to enable the beneficiary to use it to start in the self-employment field. The application is fully online, without the need to visit a bank branch.

    Freelancing
    ApplyDetails

  • Entrepreneurs Financing

    An electronic product provided by the Social Development Bank, which is a long-term financing product aimed at supporting the assets and operational costs of entrepreneurship projects and startups. The financing amount starts from 50,000 SAR and reaches up to 500,000 SAR, without the need to visit any bank branches.

    Freelancing
    ApplyDetails

  • Liquidity Financing

    An electronic service allowing applications for the "Liquidity Financing" product, which is an urgent digital financing solution specifically designed to support micro-enterprises in the Kingdom of Saudi Arabia. The product aims to meet the immediate financial needs of these enterprises, providing financing of up to 500,000 SAR for businesses whose annual sales do not exceed 40 million SAR, entirely online without the need to visit any bank branches.

    Freelancing
    ApplyDetails

  • Gaming & Esports Product

    Financing designed to support existing companies and establishments in the gaming and esports sector, with a ceiling of up to SAR 45 million. Offered in cooperation with the National Development Fund (NDF), the application process is entirely digital, with no branch visits required.

    Freelancing
    ApplyDetails
View All

Any Questions

If you have any question please contact us
Contact usCommon questions

Last Modified Date 08/07/2026 - 4:50 PM Saudi Time

This service has an average rating of 0.0
Was this page helpful?