A bilateral Supplier Financing program under which, ANB offers pre and post shipment finance facilities to Suppliers of large corporate customers. The program offers a suite of working capital finance products, related to LCs as well as open account trade such as invoice financing and purchase order (PO) financing.
- Additional source of capital
- Shorter time to revenue
- Shorter days' sales outstanding
- Added visibility into the payables and receivables process
Purpose of facility
- Increase in working capital
- Business expansion
- Increase sales capacity
- Mitigate payment risk
Key Product Features
- Financing can be offered on a pre-implementation or post-completion basis, or a combination of both.
- Supplier of Corporate entities
- Business turnover between SAR 1 million and SAR 30 million
Bank terms and conditions apply
Please contact our SME Centers to fix a convenient appointment with our sales staff who will be pleased to visit you at your office.