​Product Definition

The export product provides financing guarantee to enterprises operating in the local and international export and import sector.

Target Audience

MSMEs in all sectors targeted by the Saudi EXIM Bank or according to (AIESEC) – National Directory of Economic Activities

Maximum warranty value

Up to SAR 2.5 million for micro-enterprises
Up to SAR 5 million for small enterprises
Up to SAR 15 million for medium enterprises

Maximum coverage ratio

The program offers a financing guarantee of up to (90%) of the financing amount

Steps to benefit

• The entity submits a financing application to the financing entities cooperating with the program directly or apply through the financing portal supervised by the Small and MediumEnterprises Bank.
• The financing entities study the entity's application for financing, and in the event that the financing entity needs guarantees to cover the risks, it is transferred to the program to study thekafalah application.
• Kafalah program studies the application and if the program is approved, a guarantee is issued in favor of the funding entity.
  
  

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