Small and Medium Enterprise Financing Finance
Based on Nayifat's commitment to supporting the Kingdom's Vision 2030 and enhancing the role of small and medium enterprises in developing the national economy, the company offers innovative Sharia-compliant financial solutions, including Tawarruq financing, to enable small and medium-sized businesses to expand and grow, enhancing their sustainability and success.
Entities eligible to obtain financing for small and medium enterprises.
Transport and Logistics
education
Contracting
Services
Medical
Industrial activities
Commercial activities
Funding is granted for the following purposes:
SME Loan (Monthly)
| Loan / Finance Amount | Maturity in Years | Annual Percentage Rate (APR) | Monthly Payment Amount |
|---|---|---|---|
| 1,000,000.00 | 5 | 20.73 | 25,417 |
| 3,000,000.00 | 3 | 22.20 | 109,584 |
| 5,000,000.00 | 1 | 24.22 | 458,334 |
SME Loan (Quarterly)
| Loan / Finance Amount | Maturity in Years | Annual Percentage Rate (APR) | Monthly Payment Amount |
|---|---|---|---|
| 1,000,000.00 | 5 | 21.70 | 77,500 |
| 3,000,000.00 | 4 | 21.03 | 266,250 |
| 5,000,000.00 | 2 | 22.25 | 756,250 |
SME Loan (Semi annual)
| Loan / Finance Amount | Maturity in Years | Annual Percentage Rate (APR) | Monthly Payment Amount |
|---|---|---|---|
| 1,000,000.00 | 5 | 20.64 | 155,000 |
| 3,000,000.00 | 3 | 21.14 | 655,000 |
| 5,000,000.00 | 2 | 22.48 | 1,537,500 |