General terms for benefiting from the product:

• Being a Saudi national
• Being older than 25 and younger than 65 years old
• Being fully committed to operating the project or assigning an experienced and competent Saudi project manager
• Qualifications: Having at least a high school degree
• Experience: Having at least one year of experience
• Having a credit score that allows him/her to obtain financing
• Project should be new or under development or has been operational for a maximum of 3 years
• Financing amount shall not exceed 4 million riyals, and the investment cost should not exceed 8 million riyals
• Providing payment guarantees equivalent to at least 50% of the financing value and the amount required from the bank
• The investor’s contribution should amount to at least 8% of the investment value
• Paying the service fee
• Successfully passing the personal interview

Required documents:

• A copy of the national ID and a CV
• Academic qualifications and experience
• Economic Feasibility study
• A minimum of two price proposals for the project’s machinery and equipment requirements, including technical specifications
• A minimum of two price proposals for constructions, civil works and designs, with bills of quantities
• A minimum of two price proposals for cars, safety equipment and raw materials according to the project’s activity
• A copy of the initial licenses for setting up the project, and a commercial register, if any
• A price proposal for the land lease or the title deed (if available) including the necessary details (plot number, area…)
• A chart showing the production sequence or stages for industrial projects, or a clear illustration of the proposed internal distribution of facilities for other projects
• Partnership contract between the client and GEA

For more details about the product: Financing Excellence Projects visit sdb.gov.sa

To apply for funding, please visit: https://len.sdb.gov.sa/Guest/Login.aspx?ReturnUrl=%2fRequest%2fLogin.aspx