Performance Bond and PO Financing
Comprehensive financing solutions to all of your PO needs from performance bond to PO needs, all in one financing package!
Key Benefits for SMEs
We offer a straightforward alternative to traditional lending to SMEs. We specialize in financing your working capital and offer unique benefits for your business
On-demand financing solution. Choose when you need financing
Immediate initial approval & Final Approval within 3 days
Flexible rates starts at 1%/Month with early payment discount
Off-balance funding, not financial liability
Register and Get Instant Funding
Unlock your working capital and improve your cash flow by financing your purchase orders.
Apply
SIGN UP FOR free and upload your purchase order details, personal information, and related informations like Amount and duaration etc.
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Review
Tameed reviews your application and performs a credit assessment based on your Purchase Orders.
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Financing
You select when and for which Purchase Orders you want to receive financing. We pool the required funds and start the financing process.
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Settlement
At the maturity date, the PO-Issuer pays the invoice to an escrow account and Tameed will settle the accounts with you and the financiers.
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We support SMEs
Tameed, which means PO in Arabic, is the only Purchase Orders (PO) financing platform in Saudi Arabia. We provide financing based on government-backed POs connecting small and mid-market businesses seeking fast, finance with peer-to-peer financing from investors who are looking for superior returns. Financing is managed by the highly secured Tameed Platform regulated and approved by the regulated by the Saudi Central Bank (SAMA).In Saudi Arabia alone, the government issued 738,610 POs worth over SAR 664 billion until the end of Q3 2021. By leveraging crowd lending from individual and institutional investors, Tameed is injecting liquidity into the marketplace.
Financing Requirements
Underlying Purchase Orders (POs) from multinational, reputable manufactures from various industries including IT, Medical, Telecommunications , Defense, Construction industries.
SME resellers selling to government-owned entities in Saudi Arabia including Healthcare, Defense, Construction Sector.
Revolving, ongoing trade flows of manufactured good with a maximum tenor / payment terms of 365 days
Funding Amounts minimum SAR 250K per PO. Funding Currency in Saudi Arabia Riyal.