Business Financing
Companies and small and medium enterprises can own vehicles, selected goods, and equipment among other things through Al Yusr with easy installments.
Business Financing :
Financing Products:
Working Capital Financing (Murabaha and Tawarruq):
- (Operating expenses such as (general and administrative expenses including rent, sales expenses, transportation, salaries, and other short-term expenses and liabilities), and purchasing of raw materials and finished goods (inventory)).
Diverse Financing Solutions:
- Flexible, multi-option financing products designed to meet various customer needs and enable companies and establishments to achieve their operational and expansion goals efficiently.
Financing Period:
- Financing period of up to 36 months.
Profit Margin:
- Competitive profit margin.
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.
- 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.