Sep 24, 2021 . 4 Minutes Read
Eligibility criteria
Registration
The SME must have a Saudi Commercial Registration number
Operation
Must have a minimum of one year of full operation
Revenue
A minimum of 3 Million SR in annual revenue
Improved Cashflow
With Lendo you don't have to worry about delayed cash disrupting your business activity, we are here to support your cashflows
Rates Tailored for You!
Each loan application is unique and assessed differently, with special rates to match the company's profile
Fast
With Lendo, applying for a loan is made easy, it takes minutes to apply.
Convenient
Forget the unreasonable amount of paperwork, waiting time, and unbearable requirements to apply for a loan. With us, you'll have the cash within days
Efficient
At Lendo, we minimize the human interaction and wasted time, everything is made online
What clients say about Lendo?
FAQs
Have more questions? Get prompt responses from a friendly, professional and knowledgable support team. Visit our FAQs page
What is Lendo?
Lendo is a Saudi Crowdlending Fintech, which aims to develop the financing market by offering fast, efficient, and convenient solutions
Is Lendo a Saudi Company and Registered in Saudi?
Yes! Lendo is a Saudi registered company authorized and supervised by the Saudi Central Bank (SAMA)
What is crowdlending?
It's a Peer-to-Peer (P2P) form of financing that reduces the number of intermediaries or middleman between borrowers and lenders. For instance, at Lendo we take cash from a pool of individuals (investors) and loan it to Small and Medium Enterprises (borrowers) with specified risk rating, loan duration, and Interest rate.
Who can invest in Lendo Opportunities?
Any Saudi national or resident above 18.
Got more questions?
Please Contact us and we will answer your questions