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
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.