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.

Conditions:

• 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:

* 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.

The method of calculating the finance cost:

Example (1):

Example (2):

Example (3):

Please fill the application and our team will contact you.