OverviewThe Small and Medium Enterprises Loan Guarantee Program (Kafalah) provides the necessary guarantees to financiers to support MSMEs and entrepreneurs in obtaining financing required for the development of their activities.The program aims to encourage financiers to engage with the SME sector, while also attracting a new segment of MSME owners who have not previously dealt with financiers. Financing ProgramsMicro EnterprisesEmployees between 1 and 5Sales or revenues of up to 3 million Small EnterprisesEmployees between 6 and 49Sales or revenues of up to 3 million and 40 million Medium EnterprisesEmployees between 50 to 249Sales or revenues between 40 million and 200 million Features & Benefits Flexible Financing Options Access overdrafts, short-term loans, and letters of credit based on your operational requirements. Government Guarantee Support Rely on the Kafalah Program to reduce bank risk and improve funding approval rates. Competitive Rates Benefit from financing rates designed to support healthy cash flow management. Dedicated SME Focus Empower SMEs and growing businesses with accessible financing. Simple Application Process Apply for term loans, working capital facilities, and other structured products tailored to your needs. No Additional Corporate Guarantees Secure facility protection backed by Kafalah, reducing the burden of additional collateral. 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). Minimum Credit and Risk Acceptance Must meet the minimum credit and risk acceptance criteria established by The Saudi Investment Bank and the Kafalah Program. Credit History and Financial Standing Must maintain positive credit history records for the business and its owners in SIMAH and demonstrate positive financial indicators. View full Terms & Conditions Commercial Registration Provide a valid commercial registration certificate. Identity and Legal Documents Provide a copy of the national ID or Iqama of the individual business owner, or a copy of the articles of association of the partner group. Financial and Compliance Certificates Submit balance sheets or financial statements of the business, along with valid GOSI, ZATCA, and Saudization certificates. Business and Address Records Provide a valid copy of the business license, national address registration, and VAT registration certificate. View full Terms & Conditions Prepare Required Documents Gather and ensure all required documents are complete before proceeding with the application. Bank Evaluation The bank evaluates the request in accordance with its credit policies and requirements. Kafalah Guarantee Application If approved, the bank submits a Kafalah guarantee application to the program, along with written approval from the business owner accepting the guarantee. Final Decision Once the program approves the request, a Kafalah guarantee is issued to the bank, and the financing process proceeds after the required agreements are signed. View full Terms & Conditions 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 is the primary benefit of the Kafalah Program? It provides government-backed guarantees to help SMEs and entrepreneurs secure financing with higher approval rates and lower collateral requirements. Which business sizes are eligible for this program? The program supports Micro (up to 5 employees), Small (6–49 employees), and Medium enterprises (50–249 employees) with varying revenue brackets. Do I need to provide additional corporate guarantees? No. The facility is backed by Kafalah, reducing the burden on the business to provide extra security or personal collateral. What types of financing can be accessed through this partnership? You can apply for a variety of products, including term loans, working capital facilities, and revolving overdrafts tailored to SME needs. 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 Corporate Offices Explore our corporate head-quarters and regional offices across the Kingdom. E-Banking Services Bank smarter and faster with our secure digital platforms. /personal/e-banking-services