| Element List | Explanation |
|---|---|
| Introduction | Cherry Trading Company announces the signing of a sharia- compliant credit facility agreement with Alinma Bank |
| Date of obtaining the funding | 2025-12-21 Corresponding to 1447-07-01 |
| Financing entity | Alinma Bank |
| Financing amount. | 250,000,000 Saudi Riyals |
| Financing duration. | Three years |
| Guarantees offered for the financing | Promissory note from the company + Assignment of proceeds |
| Financing objective | The loan will be utilized to purchase vehicles for long-term lease customers |
| Related Parties | N/A |
| Additional Information | The agreement was signed on Sunday,21 December 2025. |
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