AlRaedah Finance’s products are tailored to suit the unique and distinctive needs of our SME clients because every business is different. As a direct lender, AlRaedah Finance provides fast and simple financing solutions. Presently, AlRaedah offers the following product(s) according to the type of financing required:
Alraedah works to provide unique financing solutions for entrepreneurs and SMEs that have been launched for at least 6 months, who aspire to promote and expand their businesses and provide them with appropriate financing in a flexible and easy way to help them achieve their ambitions.
· Financing amounts up to 21% of annual POS sales with a duration to repay for one year.
· Financing amounts up to 38% of annual POS sales with a duration to repay for two years.
· Financing amounts up to 50% of annual POS sales with a duration to repay for three years.
· Nature of funding: without the need for a guarantor.
· No need for fixed monthly installments.
Through this unique product, we strive to provide exceptional features to customers affiliated with economic entities, businesses, and partners who have established strategic relationships with us, mainly platforms active in the fields of technology and e-commerce, led by customers or dealers of the Noon platform, to whom we offer this unique product.
- You can choose the appropriate financing from two packages spread over 6 or 9 months.
- Payment is a weekly or monthly transfer.
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