Saudi Finance & Installment Expo introduces programs to develop SME financing

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35 companies showcased their products at the “Saudi Finance and Installment Exhibition”, which concluded its second edition recently. The exhibition, organized by Sky Expo, aims to provide financing products for individuals, entrepreneurs and owners of small and medium enterprises, based on the “Saudi Vision 2030”, in addition to opening horizons of cooperation between banks, financing companies and entrepreneurs who seek successful investment.

Developing SME financing

<According to the organizers of the exhibition, the participating companies seek to develop their financing for small and medium enterprises, as the exhibition brings together under one roof the best banks, financing and installment companies that offer the best offers and financing services. In press statements, Mohammed Al Zaidan, Director of Public Relations for Sky Expo, the organizer of the event, explained that the exhibition serves all members of society who need financing with all their goals and needs.
He added that the number of participating companies increased this year compared to last year's 15%, noting that the number of visitors expected to be reached this year is 1,500 visitors.
Al-Zaidan explained that the owners of small and medium enterprises benefiting from financing amount to about 60% of the exhibition visitors daily, and sometimes up to 70 and 80 percent.

Multiple options at the exhibition

Al-Zaidan pointed out that the exhibition offers many options, targeting all categories of mortgage finance, personal finance, lease-to-own and financing of small and medium enterprises.

On the same topic, Mamdouh Al-Zaidan emphasized that the exhibition offers a wide range of options. <On the same subject, Mamdouh Al-Shammari, Deputy Sales Manager for the Central Region of Alinma Bank, confirmed that their participation last year was rewarding and gave a good impression of the market, and the participants in the exhibition were able to get the opportunity to introduce the products and offers to all visitors to the exhibition.
He added that the bank's goal is to attract the largest number of visitors, pointing out that “the number of customers exceeded 200 last year, and we aspire to increase the number in the current edition of the exhibition.“