Product Description
Our payroll financing product offers short-term finance options and aims to provide businesses with financing so they can pay their employees' salaries.
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Product Description
Our payroll financing product offers short-term finance options and aims to provide businesses with financing so they can pay their employees' salaries.
Financing up to 6 million riyals.
Tenor up to 6 Months, Quarterly repayment.
Revolving and Non – Revolving limits
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Saudi Awwal Bank, a listed joint stock company, incorporated in the Kingdom of Saudi Arabia, with paid in capital of SAR 20,547,945,220, commercial registration certificate 1010025779, unified number 7000018668, Mailing Address: P.O. Box 9084, Riyadh 11413. National Address: 7383 King Fahad Branch Rd, 2338 Al Yasmeen Dist., 13325 Riyadh, Kingdom of Saudi Arabia, Tel. +966 11 4050677, www.sab.com, licensed pursuant to the Council of Ministers Resolution No. 198 dated 06/02/1398H and Royal Decree No. M/4 dated 12/08/1398H, and regulated and supervised by the Saudi Central Bank.