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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.

Apply for Payroll Financing

Account Opening

Business account opening process is now digital. Apply in flexible and fast way to open your account with SAB

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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
*All prices & fees exclude VAT

*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.