The Chefz Sales Financing
Enhance your success with financing that aligns with your sales
An innovative financing solution allowing
”The Chefz” app customers to benefit from flexible financing aligned with their monthly sales.
Flexible repayment
Payments are deducted as a percentage of your sales, without fixed repayment dates.
Growth support
Additional liquidity for expanding operations without affecting current cash flow.
Easy procedures
Quick financing based on The Chefz sales volume.
Want to know more?
Repayment mechanism
Deduction from your sales in the The Chefz app.
Financing amount
From SAR 75,000 – SAR 7 million
Annual profit rate
Starts at 10%
Amounts vary based on project credit evaluation.
Calculate your finance
4 Steps to get your financing
Submit Your Application
Send your request through the website or contact us directly.
Our representative will contact you
A relationship manager will reach out within 48 hours to provide you with the best offer for your business.
Application review
We review your application and complete all necessary procedures.
Your financing is ready
Receive your financing along with continuous support from our team and valuable advice throughout your journey with us
Get you offer in 48 hours!
FAQs
- Flexible Daily Deduction: With POS financing, you won’t have fixed monthly payments. Instead, repayments will be automatically deducted and settled daily. The daily payments are based on a small, fixed percentage (deduction rate) of your future debit and credit card sales. It’s simple, easy, and affordable, as repayments will be a fixed percentage of your daily POS transactions.
- Fixed Monthly Installments: You will make monthly payments throughout the agreed financing period.
It’s very quick. Once we receive all the required documentation, we can provide the funds within 7 business days
At Alraedah, we offer financing ranging from a minimum of SAR 75,000 to a maximum of SAR 7,000,000 through flexible daily deductions or fixed monthly installments.
Our financing is based on the monthly POS sales of your business or monthly transfers, and we do not consider cash sales. We finance you based on your total sales, with a percentage starting from 20% and going up to 50% of your total revenue.
We will need to analyze your application and bank statements to provide an accurate offer. Our rates start as low as 10%.
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.