A bank guarantee product provided by the Saudi EXIM Bank to small and medium enterprises (SMEs) in partnership with local banks.
SMEs may apply for financing with a guarantee amount between 15 to 30 million SAR as follows: - The client submits a financing request directly to partner lenders, along with the required documents and in line with defined credit criteria. Current partner banks including Banque Saudi Fransi, Arab National Bank, and Riyad Bank.
Provides a guarantee of up to 80% of the financing granted by partner banks to exporting clients, mitigating non-payment risk.
Up to 12 months, extendable for an additional 12 months.
Up to 80% of the financing amount granted by the partner bank.
Small and Medium-sized enterprises with export activities, whether in services or products
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