Riyad Bank provides a short term Point of sale financing for a period of up to 6 months, with the amount of 1 million SAR. Targeting small and medium enterprises with 3 to 40 million SAR annual income, to provide them with the latest technological demands when it comes to safety and efficiency to meet their needs.
The finance amount will be settled daily through POS
The establishment does not have any facilitation with Riyad Bank
The establishment have POS with Riyad Bank for a period not less than 3 months
Rates & Fees:
Annual Percentage Rate (APR)
Administrative fees Min or Max Limit
POS Financing Program
2% to 15%
0% to 5%
* 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.