Pricing
Priced per invoice, with no fixed fees
The cost of supply chain finance is one rate on the advanced amount, charged for the days you actually wait, and shown in full before you confirm.
The rates below are Fkah's published rates and include all fees and VAT.
You pay only when you use it
Registering costs nothing. Holding a limit costs nothing. The fee starts the moment an invoice is funded and ends when it settles.
- No sign-up fee
- No monthly fee
- No fee on an unused limit
- No early-settlement penalty
How the price is set
Four things move the cost
Supply chain finance is priced on the likelihood the invoice gets collected, not on your balance sheet. That is why two invoices from the same company can cost different amounts.
Your buyer's strength
Whoever pays the invoice is who gets assessed. An invoice on a government body or a large corporate carries less risk than one on a small business, and the price reflects that.
The payment tenor
The fee is charged by the day. The same invoice on 30-day terms costs half what it costs on 60-day terms.
Invoice size
Verification and processing cost roughly the same per invoice, so larger invoices spread that cost over a larger amount.
Your trading history
Buyers who pay you on time and a clean settlement record lower the assessed risk over time.
Market rates
The market's numbers, not ours
Saudi market rates for SME working-capital finance vary widely from one provider to another, and with the tenor, the invoice size and the buyer's strength. We do not publish a numeric range here until we can name its source.
Source for this range:
[TODO]
These are published market figures from other parties, not Fkah rates. Fkah's own rates will be published at launch, once the relevant authorisation from the Saudi Central Bank is in place.
A worked example
An approved invoice of SAR 250,000, paid by your buyer after 60 days, at a 90% advance and a market rate of 1.2% per month.
| Invoice value | SAR 250,000 |
|---|---|
| Buyer payment terms | 60 days |
| Advance rate | 90% |
| Advance | SAR 225,000 |
| Monthly rate (market) | 1.2% |
| Feeon the advanced amount, for two months | − SAR 5,400 |
| Cash today | SAR 219,600 |
| Paid to you when the invoice is collected | SAR 25,000 |
| What your buyer pays on the due date | SAR 250,000 |
| Simple annualised cost | ≈ 14.6% |
Your buyer pays the full invoice — SAR 250,000 — on its usual date. Nothing changes for them.
An illustrative example at market rates, for explanation only. It is not an offer of finance and does not represent a Fkah rate. The figures are computed with the same formula the estimator uses.
Fkah pricing
Rates by product
| Product | Monthly rate | Fees incl. VAT | APR | Term |
|---|---|---|---|---|
| Receivables finance | [xxx] | [xxx] | [xxx] | [xxx] |
| Supplier finance | [xxx] | [xxx] | [xxx] | [xxx] |
| Dynamic discounting | [xxx] | [xxx] | [xxx] | [xxx] |
| Purchase-order finance | [xxx] | [xxx] | [xxx] | [xxx] |
All fees shown include value added tax.
A key-facts statement is issued for every facility before signing, including the total cost of finance.
Fkah [xxx] — Saudi Central Bank Licence No. [xxx].
Subject to the supervision and control of the Saudi Central Bank.
Estimator
Try your own numbers
The estimator uses the same formula as the example above. Change the invoice value, the tenor, the advance rate and the monthly rate, and watch what happens to cash today.
Open the cost estimatorWork out your cost
Enter your invoice and see the full cost before you confirm.