E-Commerce Financing
Grow your online business
Stabilise your cash flow with a financing solution that suits your current needs.
Financing up to SAR 500K
Financing ranges from SAR 100,000 – SAR 500,000
Low profit margin
Profit margin rate of 3.95% for 6 months or 5.98% for 9 months
Early repayment decreases profit
Want to know more?
Funding Amount
From SAR 100,000 to SAR 500,000
Payment mechanism
Fixed Instalments to be paid monthly, weekly or every two weeks
Payment mechanism
Fixed installments to be paid monthly, weekly or every two weeks
Conditions for obtaining E-Commerce financing
The annual income of the store should not be less than SAR 250K
The age of the facility or store shall not be less than 12 months
4 Simple Steps to Get Financed
Submit Your Application
Either online or contact us directly.
Your Dedicated Relationship Manager Will Contact You
Within 48 hours with the most suitable offer
We Review Your Request
And complete all necessary procedures and controls
You Receive Your Financing
With continuous expert support and advice provided throughout the application process
Get your offer in 48 hours!
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.
We would need to analyze your application and bank statements to provide an accurate offer. Our rates can start as low as 8.5% (through our Kafalah program).
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.