Contact Us on Whatsapp

About the Initiative Project

Premium Projects Funding

Premium Projects Funding

This program targets the projects of investments of more than at least 300 thousand Riyals and at most 8 million Riyals with a funding line up to 4 million Riyals; the project shall also include one of excellence criteria determined by the bank.

Project Application

    Requirements

    • The applicant shall be of Saudi nationality.
    • Age: The applicant shall be over 25 and under 65 years old.
    • Qualifications and experiences: The applicant shall hold, at least, secondary degree (thanawaya amaa’).
    • The applicant shall has own former business establishment specialized at the project field that need to be financed.
    • The applicant shall have a relevant previous work experience -of a job they formerly or currently works- on the project field that need to be financed.
    • There is no qualification needed for funding requests for housing projects (touristic projects) in case that the applicant owns the asset.
    • There is no qualification needed for funding requests of museum projects.
    • The applicant shall not request a funding in case that they already have been loaned for an existing project.
    • The financial and credit status of the applicant shall enable them to fund the project.
    • To offer payment guarantee

    Sectors

    Sign up Now in Our News Letter List to be Updated With All New Studies and Offers ?