Corporate Financing
SMEs can own vehicles, selected goods, and equipment among others through AlYusr in easy installments.
SME Financing :
Products: (POS), (Tawarrouq & Murabaha), (Ijarah)
- POS: working capital finance up to 30% of annual revenue or maximum limit SR 1m.
- Working Capital requirement: (Operating expenses including Rent, Utilities, payroll program, expenses, and other short-term liabilities, and purchasing of Raw Material and finished goods purchases (Inventory)).
- Expansion and development: (Opening new branches, purchase of fixed assets, production lines, machinery, etc.).
Finance Period:
- Up to 36 months.
Murabaha Rate:
- Competitive Murabaha rate.
Education
Health
Agriculture and Livestock
Manufacturing and mining
Service
Communication and Technology
Arts and Entertainment
Catering and Food
Logistic and storing
Trading
Petrochemical
Maintenance and operation
Supplying
General Conditions
(Tawarrouq & Murabhah with Kafalah coverage):
⦁ 3 year of operation or more.
⦁ No net loss for the last year.
⦁ Audited financial statements uploaded to Qawaem (at least one year).
⦁ Bank statement for the last 12 months.
POS:
⦁ 2 years of operation or more.
⦁ The business operates through two branches or more.
⦁ The owner age among 23 to 60 years old.
⦁ Not financed POS before.
⦁ To be linked with Geadia.
⦁ Bank statement for the last year, with annual revenues not less than 800,000 riyals for the last year.
Required Documents
- Official letter declare the requested finance and the purpose.
- Company Profile.
- Completed and signed application and Simah pledge.
- Copy of valid Commercial Registration (Main and Branches).
- Copy of National ID (partners & Owners).
- VAT Certificate.
- NETAKAT (Last Update).
- Company article of association and partners decisions.
- Zakat Certificate.
- GOSI Certificate.
- Monshaat Certificate.
- Commercial activity license.
- National Address (Establishment & company & owners & Partners).
- Audited financial statements for the last three years.
- Bank statement for 12 months.
- In some exceptional cases, there are additional requirements.
Calculated Examples
The below table is for example only, and the annual percentage rate may vary according to the amount, maturity period and creditworthiness for each customer Last update on 2025-08-01
| Product | APR | Administrative fees | Min or Max Adminstrative fees |
|---|---|---|---|
| Ijarah | 25% - 35% | 1% | Min 1% |
The below table is for example only, and the annual percentage rate may vary according to the amount, maturity period and creditworthiness for each customer Last update on 2025-08-01
| Product | APR | Administrative fees | Min or Max Administrative fees |
|---|---|---|---|
| Murbaha | 25% - 35% | 1% | Min 1% |