Get paid NOW for your invoices
Your invoice are immediately converted to cashflow. Simply apply on Tameed and choose which invoice you want financed and receive funds within 48 hours.
Four steps to get funded
Register
Create your account and complete identity verification
Select POs or Invoices
Select the type of funding you need either Purchase order or Invoice financing
Get funding
Accept & sign financing offer and receive immediatly the funds
Settelement
Funds are received at maturity from buyers and settelement is completed
Multiple products to finance suppliers
Performance Bond
Get the performance bond financing you need to secure your government contract.
Purchase Order Financing
Unlock your working capital and improve your cash flow by financing your purchase orders.
Invoice Discounting
Turn your approved invoices into immediate cash.
No Paperwork
Receivables sync automatically from buyer ERP systems
Fast
Get financing within 48 hours
You choose
Select when and how much finance you need
Tameed Supplier FAQs
Tameed is the first crowd debt lending platform licensed by the Saudi Central Bank. Tameed is specialised in offering a financing alternative-other than a business loan- to finance the local SMEs who have Purchase Orders from Government agencies or Large private Companies.
You can apply by signing up on our platform (tameed.sa) and filling out the required information: (commercial registration number - VAT number - authorized person ID number - birthdate -mobile number - email) and then setting a password.
The financing cost is divided into two parts:
1- Administrative fees up to 2.95%
2- Monthly profit rate ranging from 1% to 2%
No; the financing amount is transferred directly to the supplier or service provider -according to the company's policy.
1- Assignment of proceeds
2- Promissory notes
The evaluation of the financing request, and determining the profit rate, within one business day after receiving all the required documents. On average it takes around 3-5 business days for the supplier/provider to receive the funds.
The highest financing amount you can apply for is SAR 7.5 million for micro, small, and medium companies as per Central Bank regulation. And without limit for large corporates.
Yes, you can pay off the full amount before the due date and receive the agreed upon discount in the contract.
The maximum financing duration that can be requested is 12 months