OverviewWe provide financing and advisory services for the establishment and expansion of enterprises. These services include business financing, financing options, and letters of credit associated with projects, as well as tools to protect against currency fluctuation risks. Features & Benefits Business & Project Loans Access medium- to long-term loans to finance fixed assets, new branches, or capacity expansion. Letters of Credit Support domestic and international purchases of equipment or raw materials. Competitive Terms Benefit from attractive profit rates and flexible payment plans aligned with your cash flow. Growth Advisory Services Receive strategic guidance from SME relationship teams to help structure and time your expansion. Currency Risk Management Access hedging tools and advisory services to protect against foreign exchange volatility. Modular Financing Options Choose from standalone loans or bundled trade facilities tailored to your business goals. Eligibility Criteria Required Documents How to Apply Registered Business Entity Must be an established SME registered as a legal entity (sole proprietor, limited liability company, or similar). Credit Assessment Must have a satisfactory credit history for the business and its owners, as recorded in SIMAH. Business Standing Must be in operation for at least 3 years with a permanent business location or outlet. View full Terms & Conditions Commercial Registration Provide a valid commercial registration certificate. Financial Statements Submit audited financial statements for the last 3 years. Business Financial Indicators Provide supporting information demonstrating positive financial indicators for the business. National Address Registration Provide a valid national address registration confirming the business’s permanent location or outlet. View full Terms & Conditions Prepare Required Documents Gather and ensure all required documents are complete before proceeding with the application. Submit Your Application Submit your application along with the required information to begin the review process. Application Review The bank reviews your application to assess eligibility and next steps. Final Decision Based on the review outcome, the application is either approved or declined, and you are notified of the decision accordingly. View full Terms & Conditions Rates & Fees ProductAnnual Percentage Rate*Administration FeesShort-Term Loans5% - 7% plus SIBOR1.5% - 3%Mid-/Long-Term Loans6% - 8% plus SIBOR1.5% - 3% *Above rates may change based on the credit record of the entity. Get in Touch with Our Team Find us, get in touch, and don’t hesitate to ask for assistance. Phone Number +966 11 874 3000 Telasales Email telesales@saib.com.sa Frequently Asked Questions What activities can be funded through Expansion Financing? It covers the establishment of new branches, purchasing fixed assets, raw materials, or increasing overall capacity. Does the bank provide support beyond just funding? Yes. We offer Growth Advisory Services to provide strategic guidance on structuring and timing your business expansion. How can I manage risks associated with international trade? We provide Letters of Credit for domestic/international purchases and Currency Risk Management tools to hedge against exchange rate volatility. Are there different ways to structure the financing? You can choose from modular options, including standalone loans or bundled trade facilities tailored to your specific goals. We’re Always Within Reach Stay connected to your banking, through our customer care team, digital channels, and branches everywhere. Customer Care Submit inquiries, raise complaints, and access support anytime. /customer-care Branches & ATMs Easily locate branches and ATMs wherever you are. E-Banking Services Bank smarter and faster with our secure digital platforms. /personal/e-banking-services