Ejarah for Small Enterprises
Last updated: 10/05/2021
| Product | APR | Admin fees | Min or Max Administrative fee |
|---|---|---|---|
| Ejarah | 8.3% – 13.4% | 0.5% – 1% | 5,000 – 100,000 SR |
Example (A)
| Finance Amount | Rent | APR | flat rate | Term | Admin fees |
|---|---|---|---|---|---|
| 1,000,000 SR | 31,336 SR | 8.3% | 4.4% | 36 months | 5,000 SR |
Example (B)
| Finance Amount | Rent | APR | flat rate | Term | Admin fees |
|---|---|---|---|---|---|
| 1,000,000 SR | 33,694 SR | 13.4% | 7.3% | 36 months | 5,000 SR |
Example (C)
| Finance Amount | Rent | APR | flat rate | Term | Admin fees |
|---|---|---|---|---|---|
| 2,500,000 SR | 78,341 SR | 8.4% | 4.4% | 36 months | 12,500 SR |
Example (D)
| Finance Amount | Rent | APR | flat rate | Term | Admin fees |
|---|---|---|---|---|---|
| 2,500,000 SR | 84,235 SR | 13.4% | 7.3% | 36 months | 12,500 SR |
* The above tables are examples, and the APR may vary based on the amount, maturity period and credit score for each customer, exclusive insurance if applicable.
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