Saudi Parts Center obtains general facilities for working capital ‎financing worth SR30 mln

Saudi Parts Center Co. Announces the signing of a credit facilities agreement worth SR 30 million in compliance with Islamic Sharia with The Saudi Investment Bank to import/purchase materials to finance working capital requirements.

The company said that the financing period is from today’s date, corresponding to September 26 to July 30, 2023 AD, in return for a guarantee of a promissory note submitted by the company for the total value of the facilities.