SAB is committed for the development of SME business segment in line with the Government initiative that aligns with Vision 2030. In this regard, we are pleased to offer new financing proposition related to supporting SMEs in Technology operating sectors by providing necessary financing / working capital facilities in line with the initiative of National Technology Development Program (NTDP).
| Category | Tech Sector Financing |
| Minimum Finance | SAR 100k |
| Maximum Finance | - SAR 500K in case of startup business less than one year
- SAR 2.5M for companies falling in Micro Sector.
- SAR 5M for companies falling in Small Sector.
- SAR 15M for companies falling in Medium Sector.
|
| Finance Tenor | 1 year to 5 years (in line with final Kafalah program offering) |
| Cash Margin | Nil |
| Pricing / Profit Markup | SIBOR + 3% to 6% |
| MGT Fees | Minimum 1% |
| Collateral | Kafalah coverage (up to 90%) |
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