Small businesses with big
dreams
We Finance, You Grow.
SAR 2.069B
40 Cities
1,630+
Small businesses with big dreams
We Finance, You Grow.
SR 2.069B
40 Cities
1,630+
MCA Product
pay your finance
Benefits:
Financing from SAR 100,000 – SAR 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 Guarantor Needed
Strategic Partners
Supporting Small Businesses Across All Sectors.
Retail
Bakery
Beauty Salon
Food & Beverage
Grocery Store
Beauty Salon
FAQs
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.