رأيك يهمنا.. كيف تقيم الواجهه الجديدة لموقع بنك البلاد
رأيك يهمنا.. كيف تقيم الواجهه الجديدة لموقع بنك البلاد
رأيك يهمنا.. كيف تقيم الواجهه الجديدة لموقع بنك البلاد
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Small and Medium Enterprises Financing



Small and Medium Enterprises Financing

The importance of Small and Medium Enterprises SME and its pivotal role in the global economic growth contributing to diversify income resources and expanding the base production, this segment works to achieve integral economic activities and the balance in the economic development process to create economic stability. Also, SME contributes to the development of local skills and technology, as well as they are considered nucleus of large projects. 
In general, Small and Medium Enterprises are considered the most capable tool to eliminate the phenomenon of unemployment and poverty in the community.
Believing from Bank Albilad in this vital role of Small and Medium Enterprises, the bank has taken the lead in the development of financial solutions to meet client’s demands in all type of commercial activities including trade, real estate and services sector needs (medical sector, education sector, contracting .....) in addition to the manufacturing sector. The importance of supporting SMEs in Kafalah program from a government perspective is a social responsibility of the Government of the Custodian of the Two Holy Mosques.
Bank Albilad’s rating of SMEs is based on the annual sales up to 100 million riyals. Bank Albilad cares about this segment by providing credit facilities, supporting all type of trade activities  by direct funding facilities or through Kafalah program based on the approved fiduciary standards in this regard.

Finance Products

  • Bai Al Ajel – Short and medium term.
  • Musharaka Letter of Credits.
  • Working capital Financing.  
  • Akar Financing.


Trade Finance

  • Export/Import Document Collections
  • Import/Export LC
  • Letters of Guarantee
  • Musharaka LC


Kafalah Program

Kafalah program was established with the support of Saudi Industrial Development Fund (SIDF) and the operating banks of KSA, the program is tailored to guarantee the Bank 80% of the finance credits  given to Small and Medium Enterprises up to 1.6 million in order to allow them to get finance from the bank after studying their economic feasibility. In other words, the Kafalah program guarantees financing banks 80% of existing projects’ finance and future projects’ finance value as long as the annual sales of these entities do nor exceed 30 million riyal. 

Documents Required for Kafalah Issuance

  • Copy of ID/Iqama
  • Copy of activity’s license
  • Copy of Commercial Register
  • Copy of the enterprise’s foundation contract (if the enterprise is a company)
  • Copy of the location’s rent or ownership contract enabling the practice of the activity
  • Economic feasibility study (for new projects)
  • Copy of audited financial statements for three years (for existing projects)
  • Finance request application
  • Copy of ownership documents (real estate, cars, etc.)
  • Any further documents that the Bank requires

To apply for SME Finance Please contact Free number 800 123 7777 if you are calling from outside Kingdom of Saudi Arabia  or from mobile please call +966114798766 or send an email to  Corporate@Bankalbilad.com