Loan Financing

Wa'ed’s offers non-collateral loans (up to 5 million SAR) and provides coaching to start-ups and early-stage companies that fill gaps in the Saudi economy, advance the modernization of industry, promote sustainability and create local jobs and products made in the Kingdom.

Loan applicant requirements:

  • Must be 18 to 60 years old, holders of at least a high school certificate
  • Owner or business partner must be a Saudi national
  • Possess a project idea or business plan
  • Must submit to rigorous prequalification process

*Members of the Saudi military and employees of Aramco and its subsidiaries are not eligible.

Lending terms:

  • Repayment up to five years maximum
  • Up to 2-year grace period, with restrictions
  • Available only to firms incorporated or incorporating in the Kingdom
  • The applicant must contribute a percentage of the total cost of the business venture. This percentage will be determined by the credit team
  • Loans are provided against a management fee to be determined on case by case basis and are secured through a personal guarantee from the project owner(s)

Lending criteria:

  • Experience, track record of management
  • Differentiation and scalability of business
  • Market size, competitive positioning, financial outlook
  • Risk, tax, compliance and governance analysis

Unsupported Sectors:

  • Agriculture
  • Construction
  • Trading
  • Real Estate
  • Micro- business
Apply for Loan Financing


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