Contract Financing offers financing to main contractors or nominated sub-contractors, who have been awarded or are in the process of bidding for contract(s) from government & semi government departments and private entities.

  • Bid/Tender Guarantee
  • Performance Guarantee
  • Advance Payment Guarantee
  • Retention Money Guarantee
  • Overdraft Facilities
  • LC & LC Refinance
  • Short & Medium Term Finance
  • Invoice Financing / Progress Payment Finance

Purpose of facility

To facilitate the execution and performance of contract(s) until full completion.

Key Product Features

Facilities are offered on a pre-implementation or post-completion basis, or a combination of both.

Eligibility

Business turnover between SR 1 million and SR 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.