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Business loan fromSAR 50K - SAR 500k
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Decisions typically in72 hrs
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Borrow over3 mths – 2 yrs
Take your company to the next level with finance that
Get funded
Grow your business, fast.
Take your company to the next level with finance that
arrives in days.
Get funded
-
Business loan fromSAR 50K - SAR 500k
-
Decisions typically in72 hrs
-
Borrow over3 mths – 2 yrs
Turn Capital
Into Your Competitive Edge
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Quick and EasyApply in minutes and get approved in 72 hours. -
Transparent PricingClear and transparent pricing without hidden fees. -
No Prepayment FeesRepay your loan early with no extra cost. -
World Class ServiceOutstanding customer service.
Quick and easy process
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Apply onlineSubmit an online application in 5 minutes.
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Get approvedAfter assessing a successful application, we will send you an offer within 72 hours.
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Receive FundsOnce you accept our offer, we will launch a fundraising campaign. You will get the funds within 24 hrs of completion.
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RepaymentsPay monthly, or settle your obligations early with no extra fees.Get funded
Take your business to the next level with finance that arrives in days.
Funding Souq
provides a platform that provides businesses with quick and affordable access to
funding.
Shariah Compliance
Funding Souq offers Shariah-compliant investment and financing solutions. We are dedicated to following Islamic principles and have a Sharia Supervisory Board ensuring compliance of each transaction.
Certified by the Dar Al Sharia
Recently Funded
Al Sharhan Contracting Company
General Contracting
Net Yield
13%
IRR
25.9%
Amount
SAR 150K
Tenure
12 Months
Bargas Marzook Turki Al Ruwais Cont Est
Cleaning Services
Net Yield
12%
IRR
23.8%
Amount
SAR 70K
Tenure
6 Months
Sama Al Mabani Trading Es
General Trading
Net Yield
13%
IRR
25.9%
Amount
SAR 200K
Tenure
9 Months
Frequently Asked Questions
Yes, businesses can have more than facility at any point in time. However, a business must have made several successful repayments on their existing facility prior being approved for a second facility.
Businesses undergo a due diligence process that is led by the credit team. The risk assessments analyse business and financial performance as well as qualitative facts such as the strength of the management team, industry sentiment and others. The process also includes a site visit.
Repayments can be made by bank transfers.
Businesses need to be established in Saudi Arabia with a minimum of 2 years of trading. The venture needs to have SAR 2 million of revenue, a strong track record and profitable or on path to profitability. All businesses will undergo extensive due diligence through the credit assessment process.
Campaigns needs to be fully funded in order for them to be classified as complete. In case it fails generate enough interest, the collected funds are distributed to their beneficial owners.