Product Description:
Our Capital Expenditure (CAPEX) Financing Programme offers options for medium to long-term financing and intends to provide facilities with financing to develop and upgrade fixed assets such as equipment and machinery.
Benefits:
- Financing up to SR 6.25 million.
- The payment is made monthly or quarterly in equal installments.
- The minimum repayment period is two years, and the maximum repayment period is five years (60 months).
- The possibility of providing customers with a six-month grace period before they must begin paying installments.
- The ability for the customer to submit an additional request after paying a portion of the payments on time and in full, subject to bank review and final approval.
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