POS Merchant Financing

Our POS Merchant Finance product is a Sharia compliant product specifically designed for Small and Medium Enterprises. Your business can get an influx of capital to grow or take advantage of an unexpected business opportunity with this product. This product is an unsecured financing product based on cash flows generated from your Point of Sales terminals with Al Rajhi Bank.

Features of the product

  • Sharia-compliant finance product
  • Financing period up to 24 months
  • Financing amount up to SAR 3 million
  • Quick approval and turnaround period
  • Equal Monthly Installments

How to apply

Terms and Conditions

  • This financing option is for ARB customers 

Documentation Requirement

  • Proof of ID for Owner/Director/ Partners
  • Copy of Valid Company registration (CR) from MOCI signed by Authorized Signatory
  • Copy of Trade licenses, Certificate of Municipality for shop/office location and authorization
  • Copy of Company's Memorandum and Article of Association/Partnership Deed, if applicable
  • Office Address proof: Copy of Rent Agreement (if the office is on lease)

Eligibility Criteria

  • Clean SIMAH credit history
  • Minimum of 2 years in business
  • Minimum of 12+ months POS terminal usage (as ARB customer)