{"id":20829,"date":"2020-01-28T18:18:33","date_gmt":"2020-01-28T15:18:33","guid":{"rendered":"https:\/\/www.ibtdi.com\/?p=20829"},"modified":"2020-01-28T02:25:54","modified_gmt":"2020-01-27T23:25:54","slug":"funding-providers","status":"publish","type":"post","link":"https:\/\/www.ibtdi.com\/en\/funding-providers\/","title":{"rendered":"Funding Your Startup: 5 Organizations That Can Help"},"content":{"rendered":"

\"\u0646\u062a\u064a\u062c\u0629<\/p>\n

 <\/p>\n

 <\/p>\n

Access to financing is one of the biggest obstacles facing entrepreneurs, hindering the growth and development of small and medium-sized enterprises in general. Accordingly, <\/span><\/p>\n

Saudi Arabia was among the first to establish organizations and entities that can provide these businesses with support _in its many forms_ and financing, with the aim of <\/span><\/p>\n

helping them advance and increasing their contribution to GDP.<\/span><\/p>\n

Moreover, Saudi Arabia\u2019s Vision 2030 places a strong emphasis on supporting and financing these businesses and making them one of the main pillars of the economy. <\/span><\/p>\n

The National [entity] has licensed many companies to provide the support needed for these types of projects.<\/span><\/p>\n

Below are some of the organizations and companies that provide financing for small and medium-sized enterprises:<\/span><\/p>\n

.<\/p>\n

\n

1- Nayifat Finance Company<\/strong><\/span><\/h2>\n

The company is licensed by the Saudi Arabian Monetary Authority to conduct financing activities in the Kingdom. It aims to achieve sustained growth by expanding <\/span><\/p>\n

its service network and providing innovative Sharia-compliant financing solutions that meet customers\u2019 ever-changing needs and expectations.<\/span><\/p>\n

The financing available through this company is not limited to any particular group; it provides support and financing to both businesses and individuals.<\/span><\/p>\n

.<\/p>\n

\n

2- Orix Saudi Arabia Leasing Company<\/strong><\/span><\/h2>\n

The company plays a leading and distinctive role in financing, providing assets that include office equipment to help streamline your operations, as well as costly machinery <\/span><\/p>\n

to enhance your production capabilities. These assets are available through flexible leasing options, ranging from simple basic packages to complex, high-value corporate solutions. They are <\/span><\/p>\n

assets that can help elevate and grow emerging businesses.<\/span><\/p>\n

.<\/p>\n

\n

3- Ajil Financial Services Company<\/strong><\/span><\/h2>\n

Ajel provides its distinctive financing solutions to a wide range of business sectors in the Kingdom, including contracting, trade, and manufacturing, <\/span><\/p>\n

\u0648\u062e\u062f\u0645\u0627\u062a \u0627\u0644\u0646\u0642\u0644.<\/span><\/p>\n

It is a closed joint-stock company that brings together leading established Saudi companies as well as major global institutions. In just fifteen years, Ajel has become <\/span><\/p>\n

a prominent name in the Kingdom\u2019s financing market.<\/span><\/p>\n

\n

\n
<\/div>\n<\/div>\n

4- Kanaf Finance Company<\/strong><\/span><\/h2>\n

The company finances small and medium-sized enterprises by providing working capital financing to clients and cash flow financing for projects managed by<\/span><\/p>\n

its clients. In both cases, the financing is Sharia-compliant and structured as a Murabaha contract, with flexible features designed to support clients\u2019 needs.<\/span><\/p>\n

In return, Karnaf Finance requires its clients to provide guarantees substantiating their working capital needs.<\/span><\/p>\n

.<\/p>\n

\n

5- Al Jasriah Finance Company<\/strong><\/span><\/h2>\n

Al-Jasriah is one of the first companies in the Saudi market to operate in the finance sector, achieving an economic first in the sector ahead of <\/span><\/p>\n

many other companies.<\/span><\/p>\n

Since its establishment, the company has been engaged in financing activities in accordance with Sharia principles derived from the Qur\u2019an and Sunnah. To ensure its compliance <\/span><\/p>\n

with Sharia in all its dealings, the company established a permanent practice of presenting its products to qualified Sharia scholars for their opinions before<\/span><\/p>\n

offering these products to the public.<\/span><\/p>\n

Al-Jasriah has not only been a pioneer in this field, but has also made many contributions to the Kingdom\u2019s finance sector that have benefited <\/span><\/p>\n

The financing sector has benefited greatly from its distinctive vision, shaped by an economic strategy grounded in a scientific approach <\/span><\/p>\n

to developing economic decisions and plans that achieve the company\u2019s goals and ambitions.<\/span><\/p>\n

In any case, these are not all the companies financing small and medium-sized enterprises in the Kingdom; there are too many to be <\/span><\/p>\n

listed in a single article. However, anyone seeking financing will find an organization willing to provide what they need.<\/span><\/p>","protected":false},"excerpt":{"rendered":"

    \u0627\u0644\u062d\u0635\u0648\u0644 \u0639\u0644\u0649 \u0627\u0644\u062a\u0645\u0648\u064a\u0644 \u0623\u0628\u0631\u0632 \u0627\u0644\u0639\u0642\u0628\u0627\u062a \u0627\u0644\u062a\u064a \u062a\u0642\u0641 \u0641\u064a \u0637\u0631\u064a\u0642 \u0631\u0648\u0627\u062f \u0627\u0644\u0623\u0639\u0645\u0627\u0644\u060c \u0648\u0627\u0644\u062a\u064a \u062a\u0639\u0631\u0642\u0644 \u062a\u0642\u062f\u0645 \u0648\u062a\u0637\u0648\u0631 \u0627\u0644\u0645\u0634\u0631\u0648\u0639\u0627\u062a \u0627\u0644\u0635\u063a\u064a\u0631\u0629 \u0648\u0627\u0644\u0645\u062a\u0648\u0633\u0637\u0629 \u0628\u0634\u0643\u0644 \u0639\u0627\u0645\u060c \u0648\u0645\u0646 \u062b\u0645 \u0643\u0627\u0646\u062a \u0627\u0644\u0645\u0645\u0644\u0643\u0629 [\u2026]<\/span><\/p>\n","protected":false},"author":3,"featured_media":20830,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_ibtdi_aa_focus_keyword":"","_ibtdi_aa_secondary_keywords":"","_ibtdi_aa_audience":"","_ibtdi_aa_tone":"","_ibtdi_aa_summary":"","_ibtdi_aa_reviewer_name":"","_ibtdi_aa_reviewer_bio":"","_ibtdi_aa_reviewer_url":"","_ibtdi_aa_reviewed_date":"","_ibtdi_aa_service_id":"","_ibtdi_aa_related_ids":"","_ibtdi_aa_human_reviewed":"","_ibtdi_aa_disable":"","_ibtdi_aa_disable_links":"","_ibtdi_aa_sources":"","_ibtdi_aa_update_notes":"","footnotes":""},"categories":[491],"tags":[8178,20663,20661,18216,10720,20667,20659,20664,20660,20666,20658,20665,20662,19808],"class_list":["post-20829","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-491","tag-8178","tag-20663","tag-20661","tag-18216","tag-10720","tag-20667","tag-20659","tag-20664","tag-20660","tag-20666","tag-20658","tag-20665","tag-20662","tag-19808"],"_links":{"self":[{"href":"https:\/\/www.ibtdi.com\/en\/wp-json\/wp\/v2\/posts\/20829","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.ibtdi.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.ibtdi.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.ibtdi.com\/en\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/www.ibtdi.com\/en\/wp-json\/wp\/v2\/comments?post=20829"}],"version-history":[{"count":0,"href":"https:\/\/www.ibtdi.com\/en\/wp-json\/wp\/v2\/posts\/20829\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.ibtdi.com\/en\/wp-json\/wp\/v2\/media\/20830"}],"wp:attachment":[{"href":"https:\/\/www.ibtdi.com\/en\/wp-json\/wp\/v2\/media?parent=20829"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.ibtdi.com\/en\/wp-json\/wp\/v2\/categories?post=20829"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.ibtdi.com\/en\/wp-json\/wp\/v2\/tags?post=20829"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}