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Last Modified 23 March 2025

NTDP LendTech

An electronic product offered by the Social Development Bank in partnership with the National Technology Development Program. It aims to finance the technology sector with funding of up to SAR 8.5 million—all without visiting the bank branches.

information technology
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  1. The financing ceiling reaches 8.5 million riyals
  2. Financing period up to 5 years
  3. Flexibility in payment mechanism
  4. Competitive fees
 

  • The headquarters of the activity must be in the Kingdom of Saudi Arabia.
  • The age of the establishment exceeds 6 months from the date of the commercial registration.
  • There are no financial defaults with commercial banks, finance companies, or any other financing body.
  • There is no delay in an existing loan with the Social Development Bank.
  • Passing the financial and technical standards.
  • Tech platform certificate valid for a period of time.
  • Register in the lendtech initiative through the National Information Technology Development Program website by clicking here

  • Commercial Register.
  • Memorandum of Association and another appendix in case of amendment, the partners’ decision, the Board of Directors’ decision, and the letter of the authorized signatory if the legal entity is a “company”
  • Copy of the national ID of the owner or partners if the legal entity is a “company”.
  • Audited financial statements for institutions and small and medium-sized companies.
  • Tech Platform Certificate.
  • Request additional documents: These are requested on a case-by-case basis depending on the nature of the client and the nature of the credit application.
  • Register for the lendtech initiative through the National Information Technology Development Program website by clicking here
Apply
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Target:
Companies and institutions in the technology sector
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Beneficiaries:
New Product
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Fees:
Nominal fee
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Payment Channels
Deducted from the loan amount
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Availability:
24/7
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SLA
53 Working Days
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Channels:

  

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Presentation language
Arabic
guides
User's Guide
User's Guide NTDP LendTech user manual
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Start date:

2023 

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

IT product financing intersects with the fourth strategic objective of the Social Development Bank. Providing value-added financing for small and emerging projects.

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International strategic engagement

IT Product Financing intersects with UN Sustainable Development Goal 9. It can be found at here

Product Features

financing ceiling

Financing ceiling

Up to 8.5 million riyals

financing period

Financing period

Up to 5 years

payment method

Payment method

Flexibility in payment mechanism

fees

Administrative fees

Competitive fees

the grace period

The grace period

6 months

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 the IT product, please check out the FAQ.

FAQs Contact us

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