A flexible financing solution designed for The Chefz merchants with repayments tailored to their monthly sales
Repayments are deducted as a percentage of your sales with no fixed repayment schedule.
Access financing to support your business growth, expansion, and increased sales.
Fast and easy financing based on your daily sales volume.
Financing Amount
Up to SAR 25 Million
Repayment Method
Through Your Sales on The Chefz App
Annual Profit Rate
Starting from 10%*
Bank Statements
3 to 12 Months
*The annual profit rate varies based on each business's credit assessment.
1
Submit your financing application through our website.
2
Upload your business bank statements.
3
We review your application and provide a financing offer tailored to your business needs.
4
Once you accept the financing offer, sign your contract electronically.
SAR 3 Billion+
Total Financing Provided
150
Cities Covered Across Saudi Arabia
5303+
Businesses Financed
What Are the Eligibility Requirements for Alraedah Financing?
To qualify for financing, your business must have been operating for at least 3 months with average monthly sales of at least SAR 20,000, or SAR 10,000 for businesses operating for one year or more. Final approval is subject to credit assessment and repayment capacity.
What Documents Are Required to Apply for Financing?
To apply for financing, you need a valid Commercial Registration (CR), a national ID, and your business bank statements covering at least the last 3 months. Bank statements for the last 6 months or additional documents may be required depending on the financing product.
How Long Does Financing Approval Take?
Once you submit all the required documents, you can receive a financing offer within minutes and have the funds deposited into your account within 3 business days after signing the contract.
How Much Financing Can I Receive?
The financing amount depends on your business's monthly sales through Point of Sale (POS) transactions or incoming bank transfers from companies. The eligible financing amount will be determined after reviewing your application and completing the credit assessment.
