Business Installment Finance (BIF) is a Sharia compliant term finance solution designed specifically for SMEs to meet their business expansion needs on flexible tenors and amounts.

Purpose of facility

  • Fulfill permanent working capital needs
  • Purchase of assets
  • Business expansion

Key Product Features

  • Max Finance amount: upto SAR 2 million
  • Flexible tenor: 6 months – 3 years
  • Wide range of collaterals accepted

Eligibility

Business turnover between SAR 1 million and SAR 30 million

Bank terms and conditions apply. Next Steps Please contact our SME Centers to fix a convenient appointment with our sales staff who will be pleased to visit you at your office.