Simple Process
From SAR 100K to SAR 350K finance
Upto 21 months repayment
Get a decision in days
Shari'a Compliant
Finance for almost any purpose
Point of Sale (POS) finance from Raqamyah is a fast funding solution that meets your financing needs. The amount of finance depends on your POS sales.
With POS finance, repayment will be automatic by deducting a percentage from each swipe of the POS Machines.
With POS finance, repayment will be automatic by deducting a percentage from each swipe of the POS Machines.
When your sales are high you pay more and when your sales are low you pay less.
Popular reasons to borrow
- Boost your cash flow
- Refurbish premises
- Buy new equipment
- Pay your rent
- Cover a one-off cost
- Buy more inventory
Quick and easy steps to apply
- 1.
Check if you qualify
See if you're eligible for a finance request with Raqamyah as follows:
- You do not currently enjoy any credit facilities from any bank or finance company
- Your sales by POS is at least 50% of your total sales for the past two years
- 2.
Apply online
Tell us about you and your business with our simple form. You need to provide us with the following:
- Bank statement for the last 12 months
- Financial statements for the last two years (preferably audited)
- VAT filings for the previous and the current fiscal year
- A copy of your lease contract
- 3.
Decision in 3 business days
We'll get back to you in 3 business days with an answer
- 4.
Financers start bidding
Our financers start bidding to finance your request
- 5.
Your funds arrive
Once your request is fully funded, you'll have the money in your account in days
Warning: Do not get a finance beyond your repayment capacity.