The SME Letter of Credit (LC) & LC Refinance is a Sharia compliant program designed to assist SME traders to import/ purchase and finance inventory.

Purpose of facility

  • Purchase of goods and services from either local or international markets
  • Increase in working capital
  • Business expansion

Key Product Features

  • Max Finance amount: up to SAR 5 million
  • Tenor: 1 year (with annual limit renewal)
  • Wide range of collaterals accepted
  • Low Cash Margin


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.