Commercial registration for sale with POS terminals on Al Rajhi Bank
Company registration that accepts partnership
It obtains financing from Al Rajhi Bank
Cash: 5 million
Fleet: 5 million
Financing is through Al Rajhi Bank
Required: 850 thousand for the registration
Initial payment: 50 thousand cash to the owner as a down payment upon signing the contract
And 800 thousand as a certified check held by a lawyer, which the owner cashes after the financing is disbursed.
Brokerage fee: 10% of the financing value via certified check