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Business

Point of Sale

Your ambitions deserve more than limits 

Access up to 15 million riyals in cash financing with our innovative point-of-sale solution for small and medium enterprises, empowering confident business expansion.

On

    Financing period of up to 36 months

    Financing Features

    Comply with Shariah principles

    Financing Features

    Easy process

    Financing Features

    Flexible terms

    Financing Features
    1. Fill up the application form. 
      Fill out application form by providing the necessary information 
    2. Submit the Application
      Submit the application form, providing the necessary information to initiate the financing process quickly and efficiently.
    3. Our Representative Will Be Happy to Contact You
      Our representative will be delighted to get in touch with you and finalize the financing details.
    4. Our Representative Will Be Happy to Contact You 
      Bring the essential documents to ease the financial process.
    Application Steps
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    A request on the official letterhead of the Enterprise, expressing interest to obtain financing and providing details of the desired products. This request should be attested by the Chamber of Commerce.

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    Financial Report and Statements of Accounts for the most recent year.

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    Valid commercial registration.

    Required Documents

    Certified POS Bank Statement of the Enterprise for the last 12 months, printed on the bank's official leatherhead.

    Required Documents

    A copy of the valid ID of the Owners of the Enterprise.

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    Proof of the principal place of business (Municipality License).

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    A copy of the Department of Zakat and Tax Certificate.

    Required Documents

    Legal Entity Identifier.

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    Point of Sales

     

    Cash financing with our innovative point-of-sale solution for small and medium enterprises, empowering confident business expansion.

    • Financing period of up to 36 months 

    • Comply with Shariah principles 

    • Easy process

    • Easy conditions
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    FAQs Services

    Frequently Asked Questions

    What is the minimum POS terminal operational period required to qualify?

    An active and continuous sales record of at least 12 months is required

    How the Point-of-sale financing is paid ?

    The product offers two flexible repayment options depending on POS terminal type:

    Flexible Daily Deduction: Automatic daily settlement via a fixed percentage of daily your sales transactions

    Fixed Monthly Installments: Pre-determined monthly payments scheduled throughout the agreed financing tenor.

    How financing amount is determined?

    The financing amount is determined based on two primary factors:

    Average Annual Sales: Analysis of the total cash flow processed through POS terminals over the past year.

    Credit Capacity: Evaluating the facility's ability to meet repayment obligations without impacting operational stability or working capital.