franchisemarket Empowering Your Franchise Journey
During the closing day of the International Franchise Exhibition in Riyadh, numerous agreements were finalized, showcasing the participation of a wide range of local and international brands.
Saudi Arabia’s The Social Development Bank provides franchise financing opportunities starting from 150,000 SAR and reaching up to 4 million SAR, with flexible repayment terms of up to 8 years. The financing mechanism includes installment-based disbursement and monthly repayments with a nominal service fee, offering entrepreneurs accessible funding options.
The Social Development Bank, which oversees this financing initiative, has outlined specific eligibility criteria. Applicants must:
- Be aged 25 to 55 years,
- Hold a qualification of at least a high school diploma,
- Possess a sound credit record,
- Provide a minimum self-contribution of 20%,
- Obtain approval from the trademark owner for the franchise,
- Offer a financial guarantee covering at least 100% of the financing amount, and
- Demonstrate commercial dedication to the business.
Ms. Abeer Juliah, founder and CEO of the International Franchise Exhibition, said that the exhibition showcased investment opportunities worth approximately 20 billion SAR across all sectors. Of this, 40% was dedicated to the restaurant sector, while the remaining 60% covered various other industries. She also highlighted the involvement of two international companies specializing in trademark brokerage, which work to elevate Saudi trademarks to the global market.
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