The SME Point of Sale (POS) Merchant Finance program is a Shariah Compliant program which offers ANB’s POS merchants short and medium term financing and LC & LC refinance.
Benefits
- Benefit from becoming ANB’s POS Merchant
- Simple process
- Quick decisioning
Purpose of facility
- Purchase inventory locally or import internationally
- Finance permanent working capital needs
- Business expansion
Key Product Features
- Max Finance amount: upto SAR 0.75 million
- Easy credit/ finance terms
- Flexible tenor: up to 18 months
- Wide range of collaterals accepted
Eligibility
- Existing ANB POS Merchant
- Business turnover between SAR 1 million and SAR 30 million
- Route all sales proceeds in ANB’s account
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.