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.

Benefits

  • 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.

Eligibility

  • Supplier of Corporate entities
  • 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.