OverviewEmpower your business growth with our Points of Sale (POS) financing solution, designed specifically for merchants and SMEs that rely on daily transactions. Access quick and flexible working capital based on your POS sales performance, with simple eligibility requirements and fast approvals.Whether you are expanding operations, managing cash flow, or upgrading business assets, our Shariah-compliant financing helps you turn POS revenue into long-term business potential. Minimum Finance Amount 500,000 Maximum Finance Amount 15,000,000 Grace period 3 Months Finance Tenor 36 Months Features & Benefits Flexible Financing Limits Access from 500,000 to 15 million based on your POS performance. Fast Disbursement Get quick approval and fund release to meet your urgent business needs. Competitive Rates Benefit from financing rates designed to support healthy cash flow management. Integrated Cash Management Link seamlessly with your POS system to enable efficient fund utilization and tracking. Grace Period Advantage Enjoy up to 3 months before repayment begins to ease cash flow. Eligibility Criteria Required Documents How to Apply Registered Business Entity Must be established as a legal business entity in an eligible form as required by the program. Minimum Credit and Risk Acceptance Must meet the minimum credit and risk acceptance criteria established by the bank and the ADF program. Financial Standing Must demonstrate acceptable financial standing in line with the program’s assessment requirements. View full Terms & Conditions Commercial Registration Provide a valid commercial registration certificate. Facilities Request Letter Provide a formal facilities request letter outlining the financing requirement. Financial Statements Submit audited financial statements for the last 3 years for existing projects. Bank Account Statements Submit bank account statements covering the last 12 months. View full Terms & Conditions Prepare Required Documents Prepare and submit the required documents, including a copy of the Commercial Registration and the merchant’s ID. Submit POS Request Complete the POS request form and provide the required merchant details. Sign the POS Service Agreement Visit an SIB branch to sign the POS service agreement and complete the application process. POS Installation Once approved, the POS terminal will be installed and ready for use within one business day. 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 How is the financing limit determined for this product? Limits are based on your monthly POS sales performance, offering flexible funding ranging from 500,000 up to 15 million. What is the maximum repayment period available? The product offers a competitive finance tenor of up to 36 months to help manage long-term business growth. Is there a waiting period before repayments begin? Yes. Benefit from a 3-month grace period, allowing you to stabilize cash flow before starting your installments. Is this financing compliant with Shariah law? Yes, the POS Financing Product is fully Shariah-compliant, designed specifically to help merchants turn daily revenue into business potential. 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