Assets Financing
An asset-backed financing solution of up to SAR 30,000, tailored to support freelance tracks in transport, order delivery, and logistics, featuring additional cash performance incentives. Application is fully digital, without the need to visit any bank branch.
Product Specifications & Fees:
- Financing limit up to 300,000 ♦.
- Flexible repayment period up to 5 years with scheduled monthly installments.
- Cross-sponsorship is permitted; the beneficiary can act as a guarantor for others while receiving personal assets financing.
- 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
- Financial incentives through the Self-Employment Incentives Program. To learn more about incentives, click here.
- Loan exemption according to the terms of the insurance policy in case of death (God forbid).
Last Modified Date 09/06/2026 - 11:12 AM Saudi Time