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Export Credit Insurance Policy

1. Multi-Buyer: The local exporter will provide information on their company and a list of potential buyers (importers) that they aim to include in the policy In addition to the expected volume of coverage needed. SaudiEXIM will review the request and submits an offer to the Saudi exporter that includes the approved coverage for each buyer. 2. Single-Buyer: Same procedure as a multi-buyer, but information shall be provided for only one buyer (importer)

• Improving the competitiveness of exporters in international markets. • Facilitating the export of companies by providing credit facilities to their customers abroad. • Improving the cash flow management of exporters and importers. • Reducing the risk of non-payment for exporters. • Expanding the customer base for exporters in new and existing markets.

All sectors are eligible to benefit from the product

Saudi Exporters report shipments and pay premium to obtain coverage.

Up to 90% of the transaction value

Short and long-term.

Insurance premium

Pre-Export Financing

1. After signing a purchase order with an international buyer, the exporter shall supply production inputs for use in manufacturing and executing export orders. 2. SaudiEXIM shall directly disburse to suppliers after submitting purchase orders and supplier invoices. 3. The exporter shall assign the export proceeds in favor of SaudiEXIM. 4. The international buyer shall pay the value of exports to SaudiEXIM, which in turn shall disburse to the exporter after deducting the value of the financing according to the agreement.

• Increasing the production capacity of Saudi exporters. • Improving the cash flow management of exporters and their suppliers.

All sectors are eligible to benefit from the product

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Up to 90% of the value of supplier invoices (To be determined after study).

Short-term

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Discounting

1. Liquidity against accounts receivable (at a discount) shall be disbursed to the exporter upon submission of the purchase order and shipping documents to cover the cash flow gap between the period of the export transactions until the due date of the arising receivable.

- Improving the efficiency of working capital management for exporters - Giving exporters the opportunity to set flexible payment terms for their customers - Increasing the competitiveness of exporters.

All sectors are eligible to benefit from the product.

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Up to 90% of the receivables value (at a discount to be determined after the study).

Short-term

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Supply Chain

1. The exporter shall provide a list of approved suppliers for production operations related to export. 2. After supply, suppliers shall submit shipping documents to SaudiEXIM 3. SaudiEXIM will directly disburse to suppliers. 4. The Exporter will pay SaudiEXIM the amount.

• Improving the terms of dealing with suppliers through direct payment by SaudiEXIM. • Improving the efficiency of production capacity operations and competitiveness to increase market share.

All sectors are eligible to benefit from the product.

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Up to 100% of the value of the supply invoices (to be determined after study)

Short-term

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Import Finance

1. Invoices must be submitted from an International Supplier(s) to prove the cost of inputs to Produce Saudi exports. 2. The Beneficiary must submit documentation certifying delivery of purchased items (only under open account transactions) 3. SaudiEXIM disburses to the supplier once all the documents are found compliant with the applicable terms. 4. The exporter shall pay the amount of financing to SaudiEXIM according to the agreement.

• Increasing the production capacity of Saudi exporters. • Improve terms with suppliers. • Increase competitiveness of Saudi exporters

Companies registered in the Kingdom of Saudi Arabia

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Up to 90% of the value of supplier invoices (To be determined after study).

Short-term

.

Working Capital Finance

1. The exporter shall specify the working capital needs related to the export operations to Saudi EXIM. 2. Saudi EXIM will directly provide financing to the exporter or its suppliers upon request. 3. The exporter shall pay the amount of financing to Saudi EXIM according to the agreement.

- Meeting the short-term general financial needs of exporters. - Improving working capital management and increasing competitiveness.

All sectors are eligible to benefit from the product

disbursements to be made to Exporters upon request

Up to 100% of the export working capital needs but not to exceed 90% of the total working capital needs

Short-term.

To be determined after evaluation

Structured Finance for International Projects

1. The exporter shall provide SaudiEXIM with the project documents, the financing request, and/or a Letter of Intent. 2. SaudiEXIM shall evaluate the project, and a Letter of Intent will be submitted. 3. After awarding the project to the local exporter, SaudiEXIM shall disburse it to the exporter. 4. The exporter shall implement the project and pay SaudiEXIM according to the agreed financing terms.

- Improving competitiveness in international markets - Expanding the customer base in new and existing markets.

All sectors are eligible to benefit from the product

Disbursements to be made in accordance with completion milestones

Up to 80% of the contract value (to be determined after study).

Medium and long-term.

To be determined after evaluation

International Buyer’s Credit

1. The exporter and international buyers shall identify an opportunity that includes local exports (purchases or projects). 2. After signing the agreement with an international buyer (importer), the buyer shall submit a financing request. 3. SaudiEXIM will study the financing request and the creditworthiness of the international buyer. 4. After the application is approved, the local exporter shall export the final product to the international buyer and submit the shipping documents to SaudiEXIM to get paid for what has been exported. 5. SaudiEXIM will collect the amount from the importer according to the signed agreement.

- Improving the competitiveness of local exporters by providing credit facilities to their international customers. - Improving the cash flow management of exporters and importers. - Reducing the risk of non-payment.

All sectors are eligible to benefit from the product.

disbursements to be made directly to Saudi Exporters upon fulfilment of disbursement conditions

Up to 90% of the transaction value (to be determined after study).

Short, medium, or long term

To be determined after evaluation

Letter of Guarantee

1. The exporter shall provide SaudiEXIM with the company’s financial statements and project documents. 2. The exporter shall specify the needed letters of guarantee.

- Enable the exporter to enter into tenders for international projects and implement them. - Expand the customer base in new and existing markets. - A secure means of entering tenders and bids that ensures the exporter’s fulfillment of contracts.

All sectors are eligible to benefit from the product.

Guarantee coverage according to project needs and assessment outcomes

​Companies registered in the Kingdom of Saudi Arabia.​

Short-term.

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