Financing medium and small enterprises
We believe in TAAJEER Finance Company in the role of companies and small and medium enterprises in the development of the national economy, and we provide financing services to business owners through the product of leasing and Murabahah to finance equipment and devices and the like, in addition to the lease financing for cars (such as a fleet) and vehicles designated for the business sector.
Conditions for submission:
- The facility is more than one year old
- Availability of an account statement approved by the bank
- Availability of audited budgets the corporate sector
- The facility passes the credit evaluation of the financial leasing company
- Speed of approval
- The possibility of financing for companies and institutions
- The possibility of financing for the owners of companies and institutions
- The possibility of financing for investors in the corporate and institutional sector
- The possibility of determining the financing period / from one to four years
- Multiple options of financing products / Leasing, Murabaha, and Tawarruq
Requests for Pre-Approval:
- Filling out the funding application form
- The customer signs the rental promise.
- The customer signs the Know Your Customer form
- A copy of a valid commercial registration for the facility
- Determine the location of housing and work through the national address.
- Original of bank account statement of the facility for the last 6 months, or a copy sealed from the bank.
- Transportation and storage
- Information and communication
- Residence and catering services
- Transformative Industries
- Arts and entertainment
- Real estate business
- Administrative services business
The prices shown are approximate prices and are subject to terms and conditions according to the credit policy of the financial leasing company.
(Last update on 05-27-2021)
Examples of financial calculation
|Product||Annual Percentage Rate (APR)||Administrative fees||minimum Administrative fees
|Small companies and establishments||8%||1%||1,000
|Product||Annual Percentage Rate (APR)||Administrative fee||Minimum administrative fee
|Medium companies and establishments||7%||1%||1,000