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Production Description
Our Capital Expenditure (CAPEX) Financing Program offers options for medium-term financing and intends to provide facilities with financing to develop and upgrade fixed assets such as equipment and machinery.
Benefits:
CAPEX
| Category | Finance amount | Facility Type | Annual Percentage Rate | MGT Fees | Minimum (or) Maximum for Management Fees | Finance Tenor | Finance Product |
| Capex Finance | SAR 100K to 6M SAR |
Medium term |
SIBOR + 3% to 10% |
1% to 5% |
N/A | Min 24 Months ,Max 60 Months | Loans |
*Terms & Conditions applies
*The above table is an example, and the annual percentage rate (APR) may differ depending on the amount, the maturity period, and credit scoring of each customer.
Financing Terms and Requirements:
- The business entity must be classified as a small or medium-sized enterprise (SME) with annual sales not exceeding SAR 200 million.
- The business entity must have been operational for at least two years.
- A positive credit history.
- Audited financial statements or ZATCA report .
- At least 12 months of banking transactions.
- No outstanding enforcement proceedings.
The business entity may be required to contribute to the financing depending on the type of application.
Additional terms and conditions apply for each application.
