Corporate Financing

SMEs can own vehicles, selected goods, and equipment among others through AlYusr in easy installments.

  2. Products
  3. Corporate
  4. Corporate Financing

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.

Required Documents

Documents for the Establishment:
  • Commercial Registration or License.
  • Articles of Association or Bylaws.
  • Zakat and Tax Certificate (if available).
  • National Address.
  • Activity-specific licenses if the activity is regulated.
  • Bank statement for the establishment for 12 months.
  • Financial Statements.
Documents for the Authorized Person or Legal Representative:
  • National ID or Residence Permit.
  • Authorization letter or partnership decision clarifying the authority to request financing and sign.
  • Commercial Registration proving the capacity of the Manager or Authorized Person.
  • Any other relevant documents.