Lendo Invoice Financing
Lendo · SME & Business Finance
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Overview
Lendo Invoice Financing is a Sharia-compliant, crowdfunded facility for Saudi SMEs that finances up to 80% of confirmed deferred-sales invoices issued to trusted entities, up to SAR 7.5 million, with no real-estate collateral required. Lendo states fees do not exceed 3%, that approvals may be issued and financing received within 48 hours, and requires a valid commercial registration, at least one year of operating history, and minimum annual revenue of SAR 2,000,000. The profit margin is determined by Lendo's credit study of the applicant.
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Provided By
This product is provided by Lendo. For the institution's licenses and regulatory status, see its profile page.
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