SME Financing

View the pricing and calculations related to our finance and savings products.

SME Financing

 

POS Financing Examples

Type of Financing Finance Amount Finance Tenure Method of payment  APR  Monthly Instalment
POS Financing   500,000  2 Years  In monthly installments  5.00%   21,935.69
POS Financing  1,000,000 3 Years In monthly installments 
7.00%   30,877.10
 POS Financing   7,500,000  5 Years In monthly installments 
 9.00%  155,687.66

 

Short Term Islamic Credit Facility Program Examples

Type of Financing Finance Amount Finance Tenure Method of payment  APR  Monthly Instalment
 Short term    500,000  3 Months   In monthly installments  5.00%   168,057.48
 Short term   500,000
 6 Months   In monthly installments  6.00%   84,797.73
 Short term   500,000
 9 Months   In monthly installments   8.00%  57,432.81 

 

Medium Term Capital Expansion Funding Program Examples

Type of Financing  Finance Amount Finance Tenure Method of payment  APR  Monthly Instalment
Medium Term  500,000  12 Months  In monthly installments  5.00%   42,803.74
Medium Term  500,000  3 Years  In monthly installments  7.00%   15,438.55
Medium Term  500,000  5 Years  In monthly installments   9.00%   10,379.18

 

AlAhli Business Fleet Leasing Examples

Vehicle Type  Financing Amount Maturity in years APR  Monthly installment amount  Balloon Payment
Car  100,000  5 Years 9.57%   1,556 40,000
Car  80,000  3 Years 12.37%   2,247 16,000
Car  105,000  2 Years 7.25%    3,080 42,000
  • The Annual Percentage Rate (APR) is the ratio that shows the cost of financing to the financial organization as an annual percentage of financing. This percentage is usually higher than the nominal commission or what is known as the flat rate because the calculation of its value includes the value of administrative fees, expenses and insurance throughout the financing period. For this reason, it gives a clearer picture of the real percentage of financing than the nominal commission, which includes the profit margin only.

  • The above table and its numbers are an illustrative example only and represent how to calculate the annual percentage rate, which depends on five basic factors (profit margin, financing amount, insurance rate, financing period, car price)

  • The administrative fee is 1% of the financing amount

  • Terms and conditions apply