POS Finance

Get your financing within 48 hours through your POS throughputs! Competitive Profit Rates.

  • 50% Management fees Waiver
  • 1 Month Grace Period

    • Get your financing within 48 hours through your POS throughputs! Competitive Profit Rates.

  • 50% Management fees Waiver
  • 1 Month Grace Period

    • Get your financing within 48 hours through your account statement only!

    Apply Now

    Don’t have an alrajhi bank business account? Create one now

    Get your financing within 48 hours through your account statement only!

    Apply Now

    POS Finance

    Expand your business by getting POS financing product based on your POS transactions with a finance amount up to 10 Million. POS financing product helps Micro and Small Enterprises to meet their financial needs.

    Ramadan Offer

  • 50% Management fees Waiver
  • 1 Month Grace Period
  • Offer duration till April 18th 2024

    • Features

    Finance tenure up to 60 months.

    Profit Rate as low as 6%

    Finance amount starting as low as SAR 50K up to SAR10 MM.

    Sharia-compliant financing

    Required Documents

  • Application Form.
  • Copy of National ID for owner/s.
  • Copy of the Commercial Registration.
  • License to practice the activity and the location and pictures of the activity.
  • Copy of Nitaqat and National Address.
  • Entity legal documents (Partnership deed, Memorandum of article of association) as applicable.
  • Bank statements for last 12 months (For Non-Al Rajhi customers).

    • Ways to Apply

    1. Contact us on 920018799.
    2. Apply now by filling out the form and we will contact you and assist you in completing your application.
    3. Visit your nearest branch and our Branch representative will answer all your queries and assist you with your request.
    4. AlRajhi E-Business application.

    Teams and Conditions

    1. alrajhi bank is controlled and supervised by SAMA.
    2. alrajhi bank Term and Condition applied.

    FAQ's

  • Is it possible to get a finance for customers of other banks?
    • Yes, it is possible if the customer provides account statement for the last 12 months including all required documents subject to ARB approval.

    Don’t have an alrajhi bank business account? Create one now

    The Annual Percentage Rate (APR):

    It is the discount rate at which the present value of all payments and installments that are due from the Borrower, representing the Total Amount Payable by the Borrower, equals the present value of all payments of the Amount of Financing available to the Borrower on the date on which the Financing amount or the first payment thereof is available to the Borrower.

    Example of The Annual Percentage Rate (APR):

    Asset Type Finance Amount
    		 Maturity in Years
    		 APR %
    		 Monthly Installment
    POS Finance for Micro and Small Businesses 250,000 SAR 3 years
    		 25.05% 9,236.11 SAR
    POS Finance for Micro and Small Businesses 750,000 SAR 3 years
    		 23.00% 27,083.33 SAR
    POS Finance for Micro and Small Businesses 7,500,000 SAR 5 years
    		 14.26% 168,750.00 SAR
    *APR may differ depending on the amount, management fees, and the maturity period different from above and subject to each customer.

    *Any information or rates mentioned are for example only. All product and service delivery is subject to the credit policies of Al Rajhi Bank.

     

     

     

    You can apply easily through

    alrajhi bank business app

    Download Now →


    You can also apply through the following channels


    Apply Now

    You can apply through alrajhi bank business Online

    Login Now

    Call Now

    We are here for your service give us a call

    920018799
    branch

    through business solutions Branches

    Find a Branch

    Share