Export sector financing guarantees

The "Export Sector Financing Guarantees" product aims to provide funding for Saudi exporters of non-oil products from SMEs, through a dedicated credit track within the "Kafala" program, with lower fees and higher coverage. Its purpose is to enhance national economy, increase non-oil Saudi exports, and stimulate the growth and expansion of SMEs.

Maximum Guarantee Value for Export Product:

•Up to 2.5 million SAR for micro-enterprises.

•Up to 5 million SAR for small enterprises.

•Up to 15 million SAR for medium-sized enterprises.

Maximum Coverage Ratio for Export Product:

•The program provides a financing guarantee of up to 90% of the financing value.

How to apply to the product

•Applications can be submitted through one of the following methods:

•Financing Agencies: The customer submits a financing request directly to the programme's collaborating financiers, with the required documents, based on the specified credit criteria and the completed application form.

•Finance portal: The customer submits an application through the SME Bank finance portal, with the required documents.

Eligibility criteria:

•Customs clearances of products.

•External purchase order or valid contract. Effect on the provision of external services.

•The establishment must have practiced export under previous customs clearances, or have a new current demand.

Contact information for Kafalah:

8001110000
info@kafalah.gov.sa
www.kafalah.gov.sa
+966112917676

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