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(opens in a new tab)FundingSouq
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Go to Website (opens in a new tab)About FundingSouq
Funding Souq is a financial technology startup based in the Middle East, specializing in the lending and investment market. Established to create a platform that connects investors with creditworthy businesses, Funding Souq aims to facilitate alternative financing solutions in the region.
Amount
SAR 50,000 - SAR 500,000
Tenor
3 - 24 months
Min. approval time
24 hrs
Countries
Created on
December 2024
Last updated
December 2024
Requirements
The basic requirements to apply for a loan on FundingSouq include:
- • Businesses need to be established in Saudi Arabia with a minimum of 2 years of trading
- • The venture needs to have SAR 2 million of revenue, a strong track record and profitable or on path to profitability
- • All businesses will undergo extensive due diligence through the credit assessment process.
How to Apply
To apply for a loan with FundingSouq, visit the lender's website and click on "Get Started." If you meet the eligibility criteria and agree with the terms, complete and submit the online application form.
This lender claims it can approve applications on the same day they are submitted and disburse funds within 24 to 72 hrs.
Contact
Support Number
+966 800 124 0366
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