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Operating Cycle Loan

Social Development Bank

An electronic service for applying to the Operating Cycle Loan product, a developmental financing solution designed to support charitable and cooperative societies with existing investment projects. The product helps cover operational costs, enabling these organizations to generate stable income, diversify revenue streams, and achieve financial sustainability all without visiting the bank branches.

Service Level Agreement

Start the service

Share The Page

Log in using the association’s account
From the Associations Finance page, enter the association and registration data
After creating an account, click on Home and submit a new application
Review the conditions and approval, then choose the branch and agree
Fill out the association’s data
(The available data is recalled with certainty and then Enter the delegates on the request and then save)
Providing guarantees for the project, entering project data and saving the request
Download the required documents and save the application

A valid license from the Ministry of Human Resources and Social Development/The National Center for the Development of the Non-Profit Sector.
Approval of the entity’s board of directors for financing
The entity should have an audited budget for the last two years.
The financial and credit position of the entity should allow it to obtain financing.
An existing business that requires operating cycle financing.

A valid license from the Ministry of Human Resources and Social Development/The National Center for the Development of the Non-Profit Sector.
The basic regulations of the association.
Funding request letter.
Governance score report.
The decision to appoint the current board of directors.
Financial statements for the last two years audited.
Any other documents required by the bank.

Private Sector , Non-profit organizations

Target Audience

53 Working Days

Service Duration

Website Portal

Service Delivery Channels

Arabic

Service Offered In Language

1

Service Cost

Payment Channels

FAQ's

Phone

920008002

Email

[email protected]

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