SME Financing Solutions

SME Financing Solutions


​​Wide range of financing solutions that cater to all types of businesses​ !


Bank Albilad offers a wide range of financing solutions that cater to all types of businesses and can be tailored fit depending on their respective financing requirements.  Our products and services are available primarily for the following purposes:
  • ​Working Capital Financing  
  • Asset Financing 
  • Contract Financing 

Bai Alajel  Financing


Bai Alajel Financing is a financing product that provides for your business’ short to long-term financing requirements.  This financing structure is based on Murabaha whereby the Bank sells to customers a commodity or an asset which the Bank has purchased and acquired based on a promise received from the customer to buy in one stroke or installment. The selling price comprises the cost plus an agreed profit margin. 

 

Musharakah Financing 


Musharakah is an agreement between the Bank and a customer to contribute to a certain investment enterprise or the ownership of a certain property ending up with the acquisition by the customer of the full ownership. The profit or loss is shared as per the terms of the agreement.

Ijarah


Ijarah is an agreement whereby the Bank, acting as a lessor, purchases or constructs an asset for lease according to the customer (lessee) request, based on his promise to lease the asset for an agreed rent and for a specific period. Ijarah could end by transferring the ownership of the leased asset to the lessee. 


​Financing ​Features


  • ​Shariah Compliant
  • Competitive rates and pricing conditions
  • Available at short-term to medium term financing tenors
  • Simplified documentation and credit process 
  • Accessible through our regional offices strategically located at Riyadh, Jeddah and Dammam



Documentation Requirements at Initial Application


  • Copy of ID/Iqama.
  • Copy of Commercial Registration
  • Copy of the enterprise’s foundation contract (if the enterprise is a company).
  • Feasibility study (for new projects)
  • Copy of audited financial statements (or In-house FS) for three years (for existing projects).
  • Other documents that the Bank may require 



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