Funding Souq provides investors with access to data-backed investment opportunities in the SME sector. Investors can diversify their portfolios by lending to various businesses, with the potential to earn up to 26% internal rate of return (IRR) annually. The platform emphasizes transparency and offers tools to make informed investment decisions.
For businesses, Funding Souq offers a quick and easy online application process to access financing. SMEs can apply for funding, get approved, and receive the necessary capital to support their growth and operations. The platform supports the growth of the local economy by providing a nurturing environment for SMEs.
Funding Souq is open to individual and institutional investors worldwide. Investors can start investing with as little as SAR 1,000, making it accessible to a broad spectrum of investors interested in Sharia-compliant private credit opportunities.
All returns presented are net of fees, i.e. investors are expected to receive the returns which are presented to them on the platform.
Borrowers get charged an origination fee that is dependent on the riskiness of the underlying business and the tenure of the finance. The fee varies from 2-5%. Funding Souq does not charge any additional fees.
Funding Souq offers to invest in various crowdfunding opportunities from the SME sector.
At Funding Souq, you can start investing with SAR 1,000.
The investment models Funding Souq operates is Debt.
