We are pleased at Bank Albilad to serve our existing and prospective Payroll Financing Program for Micro and Small Enterprises customers by providing the payroll financing facility feature. This program aims to enable enterprises to pay the salaries of their employees on a fixed date every month, which contributes to raising their competitive capabilities, attracting and maintaining human competencies, and fulfilling their obligations when they are due.
Features
- Ease of process and procedures
- The Financing limit is up to SAR 2.7 Million
- Grace period provided
- Monthly Installments
*Terms and conditions apply