time

Last Modified 23 March 2025

POS Loan

(Coming soon)
An electronic service for applying to the "POS Loan" product, a financing solution tailored to support small and micro-enterprises that rely on point-of-sale devices and electronic applications to generate sales. This product provides financing for operational cycles and capital expansions, ranging from 180,000♦ to 10 million ♦ , with a maximum of 50% of total sales generated through point-of-sale devices and applications—all without visiting the bank branches.

The specifications of the point-of-sale product for financing small enterprises and microenterprise financing are summarized in the following points:

  • A financing ceiling of up to 10 million ♦ (with a maximum of 50% of the total sales of points of sale and electronic applications).
  • The repayment period is up to 5 years.
  • Payment is made monthly.
  • Administrative fee 7%.
  • Annual service fee 7%.

To obtain financing for a point of sale product, the following conditions must be met:

  • The facility’s operating age must not be less than two years.
  • The use of point-of-sale devices must not be less than one year (12 months).
  • A minimum annual sales requirement of  360,000 ♦ is required, and a maximum of 40 million ♦ is required.
  • If the financing amount is higher than 5 million riyals; It is required to have an audited budget for the last 12 months.
  • Approval of the project and its compliance with standards after the initial visit to the project by the bank.

To obtain financing for a point of sale product, the following requirements and files must be provided:

  • Commercial Register.
  • National address.
  • A copy of the applicant’s national ID.
  • Nitaqat report.
  • Tax returns for the last 12 month.
  • Point of sale account statement for  12 month.
  • A declaration of no objection to an external inquiry made by the owners and sponsors.
  • An audited budget for the last 12 month (if the financing amount is higher than 5 million riyals).

If the legal entity of the establishment is a “company”; It requires the following additional files:

  • Photos of the national ID of partners and sponsors.
  • Memorandum of Association.

  • Guarantee the fine and performance of a third party (if the facility is an institution or an individual company).
  • A fine and payment guarantee for the partners (if the legal entity of the establishment is a “company”).
icon
Target:
Establishments whose revenues 
do not exceed 40 million ♦ 
icon
Beneficiaries:
1,109 beneficiaries
icon
Fees:
Administrative fee 7%
Annual service fee 7%
icon
Payment Channels
SADAD Service
icon
Availability:
24/7
icon
SLA:
55 working days
icon
Channels:

   

icon
Language:
Arabic
guides
User's Guide:
User's Guide: User Guide
icon
Service start date

2016 

FAQs
Click Here
Customer Service:
 Phone 
 920008002 
Email 
 care@sdb.gov.sa 
info
Internal strategic engagement

Financing the “point of sale” product intersects with one of the bank’s strategic objectives: Facilitating and providing financing and products to small and emerging enterprises

info
International strategic engagement

The POS product intersects with Goal 9 of the United Nations Sustainable Development Goals. It can be viewed here here

Product features

Financing ceiling

Financing ceiling

10 million ♦ A maximum of 50% of the total sales of points of sale and applications

financing period

Financing period

5 years

payment method

Payment method

On a monthly basis

administrative fees

Administrative fees

Administrative fee 7% Annual service fee 7%

the grace period

The grace period

-

Customer journey

apply

Apply

eligibility check

Eligibility check

processing

Processing

exchange

Exchange

Any Question Banner
Do you have any questions?

If you have any questions about point of sale financing, please see the questions:

FAQs Contact Us

Related Products

Horizon Laon

Horizon Laon

Existing Facility

An electronic product offered by the Social Development Bank, specializing in financing existing companies and institutions aged 3 years or more, with annual sales between SAR 3 million and SAR 40 million. It aims to support these entities in achieving continued economic success without needing to visit the bank's branches.

ApplyDetails
Excellence financing for companies

Excellence financing for companies

Existing Facility

An electronic product provided by the Social Development Bank, aiming to finance micro-enterprises for capital expansion or operational cycles. It enhances the ability of these companies to improve their performance without the need to visit the bank's branches.

ApplyDetails
Liquidity financing

Liquidity financing

Existing Facility

An electronic product offered by the Social Development Bank to finance micro-enterprises for various financial needs swiftly, with a financing ceiling of SAR 300,000, provided that sales do not exceed SAR 40 million, without visiting the bank's branches.

ApplyDetails
Applications Financing - Jahez

Applications Financing - Jahez

Existing Facility

An electronic product offered by the Social Development Bank, it aims to finance small and micro enterprises whose sales rely on Jahez electronic application devices. This is intended to support the project's operational cycle and capital expansion. Financing amounts range from SAR 180,000 to SAR 10 million (with a maximum of 50% of total Jahez electronic application sales), without the need to visit bank branches.

ApplyDetails

Comments

No Comments

Rating

0(from 0 rates)
Chat
Smart Assistant
Welcome to the Smart Assistant of the Social Development Bank .... We wish you a happy time and access to what you want.