Riyad Bank offers you a Capital Expansion Financing program, Tawarruq Funding and/or Letters of Credit (with refinancing) and/or all types of Bank Guarantees (Primarily, Performance, advance payments, or financial) to finance business expansion plans (New branches, machinery, equipment…) with a repayment tenor up to 5 years.
Meeting the minimum credit/risk acceptance criteria of Riyad Bank
Minimum business age is one year, and have a permanent location/outlet
Presenting a bank account statement of one year
Equipment should be used for the business at finance
Presenting a bank account statement of one year, financial statements of one fiscal year (audited, or self-prepared)
Presenting future cash flow reflecting the expected financial impact of the expansion plan
Terms and conditions apply
Rates & Fees:
Annual Percentage Rate (APR)
Administrative Fees Min or Max Limit
Capital Expansion Financing Program- Medium-term
2% to 15%
0% to 5%
* The above 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.