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Friday, February 28, 2025

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Update the Content of GOV.SA

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Franchise Program

Social Development Bank

A digital service provided by the Social Development Bank, allowing entrepreneurs to apply for the Franchise Program easily and flexibly. The program aims to empower investors to benefit from leading brands through financing of up to 4 million SAR, supporting the establishment of their projects and leveraging franchise expertise comprehensively, without the need to visit the bank's branches

Service Level Agreement

Start the service

Share The Page

Choose a business franchise program
In the program information bar, choose the available brands icon
From the list of brands, you can choose the brand that you would like to obtain a commercial franchise from
Contact the company granting the franchise on the contact information page to complete the application procedures

The applicant must be of Saudi nationality.
The applicant’s age must be between 25 to 55 years.
The applicant must have a qualification of no less than a high school diploma.
The project must be new.
Brand approval for franchising.
It is allowed to own or have a partnership in a different facility other than the facility to be financed.
The applicant is required to own an equal or higher share if there are partners in the project.
A minimum self-contribution of (20%) is required.
A maximum investment cost limit of (12 million riyals) is required.
A maximum annual sales limit of 3 million Saudi riyals is required.
Passing the personal interview.

A photo of the national ID.
A copy of the academic qualification.
Biography.
Copies of experience (insurance certificate/proof of previous commercial experience/experience certificate from a government agency).
A copy of the commercial register (if any).
A copy of the articles of incorporation (if any).
Project business plan file/feasibility study.
A letter of approval from the donor to use the trademark.
A letter of no objection to conduct an external credit check on the company and guarantors.
The ability to provide a guarantee with a coverage rate of no less than 100% of the financing amount.
Fill out the guarantees declaration form
Required guarantees (Real estate mortgage (other than personal housing). - Fine and payment guarantee. - Deduction from salary. - Third party warranty. -Company guarantee)

Individuals , citizen

Target Audience

51 Working Days

Service Duration

Website Portal

Service Delivery Channels

Arabic

Service Offered In Language

1

Service Cost

Payment Channels

FAQ's

Phone

920008002

Email

[email protected]

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