SME Financing Programs (Kafalah)

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Finance & Investment

An expanded national program to ease small and medium enterprises' access to financing needed for growth and expansion.

Status

Active and ongoing

Headquarters

multiple regions, Saudi Arabia

Business Scale

SAR 30bn+ (guarantee portfolio)

Owner

Saudi Industrial Development Fund, Social Development Bank

About the Company

This program aims to ease SMEs' access to bank financing through loan-guarantee programs and direct financing.

The program includes simplifying financing procedures and developing financing products tailored to specific sectors, with partnerships with commercial banks.

500K+

SMEs benefiting

35%+

target contribution to GDP

2030

horizon of the national strategy

MicrofinanceLoan guaranteesSmall enterprisesEconomic development

Qualification Requirements

Vendor qualification conditions

Credit-assessment services for small enterprises
Developing risk-assessment models specialized for this segment.
Specialized banking-product development services
Designing financing solutions tailored to specific sectors.
Advisory services for enterprises applying for financing
Helping enterprises prepare strong financing applications.

How It Works

From first file to approval

An orderly process — each step builds on the last and unlocks the next.

Assess company readiness

We review your company's current standing and identify the right entities for its activity before any next step.

Review documentation

We verify your documents are complete and valid against the latest requirements.

Prepare requirements

We prepare each entity's requirements precisely, in line with the latest approved conditions.

Submit the application

We submit the application through each target entity's official portal.

Follow up with the entity

We follow up continuously until every requirement is met.

Obtain approval

We confirm activation and continue managing and renewing your file automatically.

Want to become an approved vendor to SME Financing Programs (Kafalah)?

We help you with registration and qualification procedures for this company, from the first file to full approval.