POS Finance
Get your financing within 48 hours through your POS throughputs! Competitive Profit Rates.
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.
Key Features:
Discover the unique advantages that make our program stand out.
Flexible Tenure Up to 60 Months
Finance tenure starting from 12 months up to 60 months.
Profit Rate
Profit Rate as low as 11.5%
High Financing Limit
Finance amount starting as low as SAR 50K up to SAR 25 MM.
Shariah Compliance
Financing aligned with Islamic banking principles.
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.
Requirements
- 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 etc.).
- Bank statements for last 12 months (For Non-Al Rajhi customers).
Terms and Conditions
- alrajhi bank is controlled and supervised by SAMA.
- alrajhi bank Term and Condition applied.
The Annual Percentage Rate (APR):
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.
Apply Now
Discover the alrajhi bank business app
Apply Now
Contact your Relationship Manager for more details
Call Now
We're just a call away
Visit Now
There is always a branch nearby