Examples of SME finance

All fees are subjected to 15% Value Added Tax (VAT)

Product	Annual rate *	Management Fees *	Minimum Fees *
Short term Financing (less than 1 year)	Min SIBOR +4%	0.5% to 3%	SAR 1000
Medium term Financing (1-3 years)	Min SIBOR +5%	0.5% to 3%	SAR 1500
Long term Financing (More than 3 years)	Min SIBOR +7%	0.5% to 3%	SAR 2000
Point of Sales Financing	Min SIBOR +4%	Min of 1.5%	SAR 1000

Note: The above are only examples, Rates & Fees are based on loans structure, credit score, risks that vary within each case. Last Update: 03/04/2024

Example 1: Short-term financing

A client looking for a working capital finance with an amount of SAR 1,000,000 for a period of 10 months, and monthly installments:

Total Facility Amount	SAR 1,000,000
Annual rate	6%
Profit amount (Subject of utilizing all limit)	SAR 50,000
Financing Tenor	10 Months
*Monthly Installment (Subject of utilizing all limit)**	SAR 105,000
Management Fee	SAR 10,000

Note: The above are only examples, Rates & Fees are based on loans structure, credit score, risks that vary within each case. Last Update: 03/04/2024

Example 2: Medium term financing

A client wishes to fund extracts of SAR 4,000,000 for a period of 24 months and to be paid on a quarterly basis:

Total Facility Amount	SAR 4,000,000
Annual rate	7%
Profit amount (Subject of utilizing all limit)	SAR 560,000
Financing Tenor	24 Months
*Quarterly Installment (Subject of utilizing all limit)**	SAR 570,000
Management Fee	SAR 40,000

Note: The above are only examples, Rates & Fees are based on loans structure, credit score, risks that vary within each case. Last Update: 03/04/2024

Example 3: Long-term financing

A customer looking for capital expenditure financing of SAR 6 million for a period of 5 years, and to be paid on a monthly basis:

Total Facility Amount	SAR 6,000,000
Annual rate	8%
Profit amount (Subject of utilizing all limit)	SAR 2,400,000
Financing Tenor	60 Months
*Quarterly Installment (Subject of utilizing all limit)**	SAR 140,000
Management Fee	SAR 60,000

Note: The above are only examples, Rates & Fees are based on loans structure, credit score, risks that vary within each case. Last Update: 03/04/2024

Example 4: Point of Sales Financing

A customer looking for Point of Sales financing of SAR 1 million for a period of 12 months, and to be paid on a monthly basis:

Total Facility Amount	SAR 1,000,000
Annual rate	SIBOR +5%
Profit amount (Subject of utilizing all limit)	SAR 59,938.37
Financing Tenor	12 Months
*Quarterly Installment (Subject of utilizing all limit)**	SAR 83,333.33
Management Fee	SAR 15,000

Note: The above table is just an example, the annual loan rate or administrative fees may differ based on the business sector, required amount, financing period, and credit score for each customer.

*The customer may request the distribution of installments (in addition to the bank's profits) on a monthly, quarterly, semi-annual or annual basis

All fees are subjected to 15% Value Added Tax (VAT)

*The customer may request the distribution of installments (in addition to the bank's profits) on a monthly, quarterly, semi-annual or annual basis

Examples of SME Finance

Example 1: Short-term financing

Example 2: Medium term financing

Example 3: Long-term financing

Example 4: Point of Sales Financing