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Overview

Riyad Bank offers a Payroll Finance Program for micro-enterprises with annual sales between 0 SAR and 3 million SAR, providing financing of up to 200,000 SAR with an easy repayment plan, helping to strengthen their competitive position in the market and supporting them in attracting and retaining national talent.

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Benefits

  • Financing of up to 200,000 SAR.

  • Covers a broad range of business activities.

  • Easy repayment plan.

  • Competitive rates.

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General Terms

 

  • The enterprise must hold an acceptable credit rating in line with the Bank's credit policy.

  • The enterprise must have been operating for no less than one year.

  • The enterprise must provide bank statements for the commercial activity(ies) to be financed, held with a local bank, covering a minimum period of one year.

  • Terms and conditions apply.

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Apply Online - Payroll Finance Program

 
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Keeping in mind that a current account is required to obtain any product or service from Riyad bank, if you do not have one yet, you can open an account from here

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