عربي

To login to SABBNET Log on to SABBNET  Icon: Not logged on

Import Loans

Why is this type of finance right for you?

An import loan is provided to enable you settle obligations under documentary credits or collections.

  • Bridges the gap between payment for imported goods and receipt of funds through subsequent sales.
  • Gives you greater flexibility and liquidity
  • Ensures no business opportunities are missed due to inadequate cash flow

 Other Benefits

Timely payments to suppliers will enhance your business reputation

  • You can extend your credit period beyond those given under Documentary Credits and Documentary Collections
  • Your negotiating position with suppliers is strengthened as you’re able to accept quick payment terms
  • A choice of two types of Import Loan:
    Loan Against Import – available when you’re trading under Documentary Credit or Documentary Collection terms

Clean Import Loan – rather than being triggered by the receipt of a Documentary Credit or Documentary Collection, the advance is made on presentation of supplier invoices and evidence of shipment only

 

 Ready to apply?

  Or..

  • Visit the nearest Branch...
  • Call us..on Toll Free: 800 124 5666 within the Kingdom or +966 (0)1 405-2066 from a mobile/abroad
  • Register in SABBNET "Internet Banking Services" and enjoy preferential fees