Financing may cover
Machinery and equipment
Technology and digital solutions
Marketing and branding
Fit-outs, fixtures, and related business needs
Working capital or capital expenditure (based on each scheme’s caps)
Benefits with BisB
- Fast processing
- Sharia-compliant financing
- Dedicated relationship managers
- Transparent requirements and guidance
- Strong experience with Tamkeen programmes
General documents:
- Valid Commercial Registration (CR)
- CPR, passport copies, and CPR reader of owners
- Company profile
- Purpose and description of the finance request
- Audited financials for businesses operating more than three years
- Latest management accounts for the current year (if available)
- Cash flow projections (if applicable)
- Quotations for assets, business plans, feasibility studies, contracts, or other supporting documents
Additional documents may be required based on the bank’s assessment, such as:
- Ageing of receivables and payables
- Supplier and customer lists
- Market and competitor data
- Any other documents needed to assess the company’s financial strength
To qualify for Tamweel 2.0 financing, the enterprise must:
- Hold an active Commercial Registration (CR) or license from the relevant authority
- Have no violations with Tamkeen, LMRA, or other related entities
- Provide audited financials if the business has been operating for more than three years
