Pointsales Financing
A public capital financing product targeting small enterprises that deal through point of sale devices, as it provides quick financing solutions to cover the needs of the facility, with a financing value equivalent to 25% of the facility's revenues according to the records of point of sale devices for a period of 12 months, and the amount of financing reaches 2 million riyals.
Targeted Sectors:
Commarcial activities, Hospitals, Dispensaries, Clinics, Medical health centers, Tourism activitis (hotels), Food service activites (resturant and cafes), and Recreational activities (amusement parks and sports).
Financing Amount:
Financing 25% of the facility's revenues from point of sale devices for a period of 12 months, with a maximum of 2 million riyals
Financing Type:
Short-term financing: the operating cycle or working capital of the facility. The financing period is up to 12 months
Long-term financing: capital expansions, the financing period is up to 36 months