Maximize the leverage of your contract
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Maximize the leverage of your contract
Contract Finance
Maximize the leverage of your contract
You can now unlock the cash in your contracts. No need for days of paperwork or ongoing admin, with Contract Finance you can access a sizeable amount of any recurring revenue upfront.
- Protection against late payments or project delays
- Timely access to your cash
- Long-established record of funding contractual debt
Features
Funding Your Business
Finance is available for a variety of contracts awarded by government agencies and private organizations operating in different sectors. Contract Finance acts as a financial safety net by advancing funds against your contractual billing, so when you want to pay your staff and suppliers, there’s no need to wait for your customers' payment to get started.
Customized Financing
Our finance team appreciates that every company has particular financial concerns and needs. That is why we customize our financing to fit the individual nature of your company. You’re in good hands with our reputable financial professionals.
Need Funds Fast
Companies that are presented with an unexpected contract or opportunity can use Contract Financing to secure new business. Reduced approval time lines allow for faster access to the short-term capital needed to secure a new project or complete an existing one.
Working together
Our dedicated relationship managers will work with you to structure your shariah compliant term loan finance based on your business needs. We offer fast loan processing, multiple finance options and competitive pricing with facilities up to SAR 40 Million.
Eligibility:
Commercial Registration and activity license
Audited Financials
Large range of accepted Collateral
Required Documents:
A valid copy of the commercial register/ industrial license.
A copy of the national identity / residence permit for the owner of the sole proprietorship / and all the partners if it is a company.
Audited financial statements for the last three years of the business activity.
Don’t have an alrajhi bank business account? Create one now
You can apply easily through
alrajhi bank business app
You can also apply through the following channels
Apply Now
You can apply through alrajhi bank business Online
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