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What can Al Wathbah do for me?
Al Wathbah can provide finance against receivables. Which includes amount receivable against construction contracts and supplies against LPO/Orders.

What is the extent of finance?

You will get up to 80% of the value of assigned receivables as evidenced by certified bills/delivery orders.

What is the repayment tenure?

You will have to repay in one lumpsum, with a maximum period of 180 days, from the assigned receivables.

What is the interest rate?

An interest rate of 9% p.a. will be applied monthly on actual outstanding and is payable every month.

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