| Element List | Explanation |
|---|---|
| Date of obtaining the funding | 2024-12-16 Corresponding to 1446-06-15 |
| Financing entity | ALRAJHI BANK |
| Financing amount. | SR 50,000,000 |
| Financing duration. | 12 months from the date of signing the agreement, ending on 30/11/2025 |
| Guarantees offered for the financing | Signing of a promissory covering the whole value of the credit facility |
| Financing objective | The product is a short-term revolving facility to finance working capital |
| Related Parties | No related parties are involved in this agreement |
| Additional Information | The agreement was concluded on Dec. 16, 2024, and the relevant legal procedures and obtaining signatures were completed, and the final version of the agreement was received on Jan. 06, 2025 |
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