Companies importing goods from global markets — a critical sector needing advanced financing to manage long import cycles (payment before receipt, shipping, customs, storage, sale).
20,000,000
SAR max amount
300,000 شهرياً
min revenue
7-20 days
funding speed
Import companies dealing with reliable international suppliers and importing standard goods (electronics, food, equipment) access diverse financing. Letters of Credit from major Saudi banks (Al Rajhi, SNB, Riyad Bank) are the core tool for secure imports. Goods serve as collateral upon arrival.
Operation history
12 months + stable supplier relationships
Minimum revenue
300,000 شهرياً
Maximum financing
20,000,000 SAR
Funding speed
7-20 days
A sample. Diro shows you the full list tailored to your business profile.
CR, sector, revenue, requested amount. In 3 minutes.
We show you lenders qualified to fund Importers businesses of your size and performance.
Pick the best offer, coordinate with the lender via Diro. Funding in 48h to 10 days depending on type.
Your Saudi bank issues an L/C in favor of the foreign supplier, guaranteeing payment when the supplier sends agreed documents (invoice, bill of lading, certificate of origin). You pay the bank upon receiving goods. It protects both parties: you don't pay before shipment, and the supplier is guaranteed payment after shipment.
Typically 0.5% to 2% of L/C value annually, depending on L/C duration, foreign-bank rating, and your credit rating. Large companies with long bank relationships get lower fees. This is in addition to any short-term cash financing you need.
Yes, via direct trade financing (especially for smaller amounts). Get a loan from the lender, pay the supplier via wire transfer, and repay when goods are sold. Platforms like Lendo offer this for mid-size companies faster than major-bank L/Cs.
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