Capital expansion financing - Medium term

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

Please fill the application and our team will contact you.

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