Capital Expenditure Finance
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Riyad Bank Capital Expenditure Finance is perfect for businesses that need to upgrade or update physical assets, such as machinery, equipment or property.
Borrowing the money instead of buying out the assets outright, frees up essential working capital that can be put forward towards more productive purposes for your business.
Riyad Bank offers medium to long term financing which can be according to the lifecycle of the assets being purchased.
- Borrow over a long period of time
- Achieve business results and ensure liquidity
- Free up capital to spend on productive purposes
- All Business and Corporate customers are eligible
Read more
How to Apply
How to Apply
Existing Riyad Bank customers can apply through the Relationship Manager.
New customers can apply through the nearest Riyad Bank Corporate Branch.
Read more
Rates & Fees
Rates & Fees:
The below table is an example, and the annual percentage rate varies according to the amount and the credit evaluation of the activity in addition to the period and method of payment.
Product
Annual Percentage Rate (APR)
Administrative Fees
Administrative Fees Min or Max Limit
Contract Financing
2% to 15%
0% to 5%
-
Rates & Fees
The method of calculating the finance cost:
Example (1):
Finance Amount
S..R 100,000
Payment Method
Monthly Installments
Payment Period
12 Months
Annual Profit Rate
2%
Finance Amount
Installment Amount
Total Bank Profit
Finance Amount including Profits
S..R 100,000
S..R 8,500
S..R 2,000
S..R 102,000
Rates & Fees
The method of calculating the finance cost:
Example (2):
Finance Amount
S..R 100,000
Payment Method
Monthly Installments
Payment Period
60 Months
Annual Profit Rate
8%
Finance Amount
Installment Amount
Total Bank Profit
Finance Amount Including Profits
S..R 100,000
SAR 2,337
S..R 40,235
SAR 140,235
Rates & Fees
The method of calculating the finance cost:
Example (3):
Finance Amount
S..R 100,000
Payment Method
Monthly Installments
Payment Period
36 Months
Annual Profit Rate
7%
Finance Amount
Finance Amount
Total Bank Profit
Finance Amount Including Profits
S..R 100,000
SAR 3,369
SAR 21,292
SAR 1121,292
Apply Online - Capital Expenditure Finance
Financing to grow and modernize your company’s physical assets.
Riyad Bank Capital Expenditure Finance is a tailored solution to finance business assets that will create future benefits.
Riyad Bank Capital Expenditure Finance is a tailored solution to finance business assets that will create future benefits.
Please complete the form below
EEU / Lending products
- Mada transactions : if the TXN < S..R 100 the fee will be 0.70%, If the TXN >= S..R 100 the fee will be 0.80 % Cap S..R 160.
- Visa , MasterCard , UPI transactions : 2.50%
- GCCNet transactions : 1.50% Cap S..R 80
- Card fees = 100 SR
- Service monthly fee = 50 SR
- Reissue of PIN = 15 SR
- Set up fees = 10000 SR
- Monthly Maintenance fees = 500 SR
- Fee per user = 100 SR
- Fee per transaction = 2 SR
- Visa/Mastercard Service Charge = 4.25%
- Refund Fee = 3 SR
- Charge Back Fee = Free of Charge
- Fail Transaction Fee = Free of Charge
- Card fees = 100 SR
- Service charges for each transfer:
- Riyad Bank Accounts = 0
- Local Bank Accounts = S..R 7
- Global Bank Accounts = S..R 80
- Services charges per MyPay card
- Recurring fees (Monthly) = 0
- Reissue of card = S..R 50
- Iqama verification fee
- Service setup fees = S..R 5000
- Service charges for each transfer:
- Local Bank Accounts = S..R 7
- Same Day fees = 7 SR
- Future day fees = 5 SR
- Local Bank Accounts = S..R 7
- Global Bank Accounts = S..R 80
- Card issue = S..R 1000
- Annual fee =S..R 300
Need help?
Riyad Line:
800 124 2225
