Entrepreneurs Loan

Social Development Bank

An electronic service for applying to the Entrepreneurs Loan product offered by the Social Development Bank. It is a long-term product specifically designed to support entrepreneurs and start-up projects in Saudi Arabia.

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The applicant must be of Saudi nationality.
The applicant’s age must not be less than 21 years and not more than 65 years.
The applicant’s academic qualification must not be less than an intermediate certificate.
The applicant must own the project 100%.
The commercial registration must not exceed 6 months from the date of submission.
The scope of the project must be on the list of activities supported by the Bank.
The applicant must be fully employed before signing the financing contract.
Passing the training course from one of the partner agencies.
Passing the personal interview.

A copy of the academic qualification.
Personal bank account number (IBAN).
A copy of the commercial register (its issuance date does not exceed 12 months).
copies of sponsors (maximum2 sponsors).
A document identifying the sponsor’s salary.