Islamic Credit facilitation for Start-Ups

Riyad Bank offers Islamic Credit Facilities designed specifically to Start-Ups, to finance Capital Expenditure as well as Working Capital needs of Start-Ups with a repayment period of one year (maximum).

Conditions:

  • Meeting the minimum credit/risk acceptance criteria of Riyad Bank
  • The owner/business/entity should be mentored/sponsored by one of the government or semi-government educative and/or financing programs, such as WAED of Saudi Aramco, NUSANED of SABIC, Endeavor Saudi Arabia, BADIR, DULANI… etc.)
  • When applicable, obtaining KAFALAH program approval on the financing
  • Working capital finance shall be disbursable after the full commercial operations of the start-up
  • Terms and conditions apply

Please fill the application and our team will contact you.

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