Supporting small businesses with big dreams
Your gateway for growth. Explore our innovative financial solutions that can scale your business for success.
Whatever stage your business is in,
Alraedah can take you from ambition to achievement
Opening a New Branch
Purchasing Equipment
Improving Operations
Expanding Products & Services
POS Finance Product
Your sales pay your finance
A flexible financial solution that enables direct repayment through your POS sales. Simple, straightforward and seamless:
Benefits:
Financing from SAR 100,000 – 7.5 million
Provide POS Machines
7 days to get Financed
Personal Relationship Manager Appointed to Your Account
Requirements:
Operational for a period of at least 6 months
No Guarantor Needed
- No financial statements required* exceptions may apply
Why Alraedah?
We Finance, You Grow.
3.027B SAR
Total Financing Amount
130 Cities
Covered Across KSA
3,900+
SME’s Financed By Alraedah
Supporting Small Businesses Across All Sectors.
Alraedah offers financial solutions for a diverse range of industries, including:
Retail
Pharmacy
Bakery
Food & Beverage
Grocery Store
Beauty Salon
Partners
We work with industry leaders to offer the most flexible solutions to meet your financing needs:
“Alraedah was my first choice to support my project with flexible financing that deducts a percentage of the sales without having to commit to monthly amounts.”
Peacock Chocolate
FAQs
With POS Financing, you won’t have fixed monthly payments. Instead, repayment is automatic and settled daily. Daily payments are based on a small fixed percentage (holdback rate) of your future debit and credit card sales and withheld to repay the facility. It’s simple, easy and affordable because repayment is a fixed percentage of your daily POS transactions, not a fixed Riyal amount.
It’s very quick, once we receive the full documentation we need, we can provide funds within 5 business days.
At Alraedah, we provide financing from a minimum of SR100,000 to a maximum of SR7,500,000 with no fixed repayment period.
Our financing is based on the monthly POS sales of your business. We will typically approve you for up to 20% of your annual POS sales. We do not look at your cash sales. For example, if you generate SR1M worth of annual POS sales, you can receive up to SR200,000 in financing.
No, unfortunately, we do not provide financing to start-up businesses or for new business activities. However, if you use one of our POS terminals, one of our relationship managers will be in contact with you once you generate sufficient daily POS transactions and walk you through the steps for funding your business.