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العربية
Security Center
ATM & Branches
Product Description
Our payroll financing product offers short-term finance options and aims to provide businesses with financing so they can pay their employees' salaries.
Benefits:
Payroll Finance
| Category | Finance amount | Facility Type | Annual Percentage Rate | MGT Fees | Minimum (or) Maximum for Management Fees | Finance Tenor | Finance Product |
| Payroll Finance | 100K SAR to 6M SAR |
Short term |
SIBOR + 3% to 10% |
1% to 5% |
N/A | Max 6 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.
