The Saudi Investment Bank offers a wide range of financing services containing comprehensive solutions for small and medium enterprises throughout Saudi Arabia. Our customized solutions will offer personalized services, and solid knowledge of finance that will achieve the highest level of success to your business. You can choose from a range of financing solutions tailored precisely to your business.
Working capital (short-term)
Working capital financing is important to develop your business and gain a competitive advantage in the fast-growing markets. We offer financing that is required by companies and institutions for investment in liquid assets. This includes the funding and refinancing of short-term loans.
Financing projects and contracts (medium-to long-term)
We provide funding for projects in various stages of construction, operation and maintenance. This funding covers various guarantees and invoice discounting and provides credit needed to finance imports.
Financing the expansion of activity (long-term)
We provide financing and advisory services for the establishment and expansion of enterprises. These services include business loans, financing loans and letters of credit associated with the projects, plus tools for protection against the risks of currency fluctuations.
General Conditions:
- Meeting the minimum credit/risk acceptance criteria of The Saudi Investment Bank.
- Business to be under a legal entity (sole proprietor, limited liability company, etc.)
- Business age three years and above, and have a permanent location/outlet.
- Positive credit history records for the Business and the owners in SIMAH.
- Audited financials for the last three years.
- Positive financial indicators of the business.
- Terms and conditions to be applied.
To contact us: 800 124 8000
Product | Annual Percentage Rate* | Administration Fees |
Short Term Loans | 5% - 7% plus SIBOR | 1.5% - 3% |
Mid/long Term Loans | 6% - 8% plus SIBOR | 1.5% - 3% |
*Above rates may change based on the credit record of the entity.