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Overview

Riyad Bank offers a short-term financing program against point-of-sale receivables of up to 1 million SAR. The financing offers easier, more secure repayment methods, powered by the latest technology to meet your needs.

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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 and must have a permanent premises for industrial and services customers (including hospitals, clinics, and restaurants), with at least one point of sale for commercial customers.

  • 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.

  • The enterprise must have subscribed to the Bank's POS services for a minimum period of 6 months.

  • Terms and conditions apply.

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Apply Online - POS Receivables Finance Program
 
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