Loan Guarantee
Funds Saudi technology companies through government-backed guarantees that reduce lender risk on a majority of the loan value.
The National Technology Development Program (NTDP) Loan Guarantee supports micro, small, and medium Saudi technology companies by providing government-backed financial guarantees covering up to 90% of the financing value extended by participating banks and financial institutions. The program operates through Saudi Arabia's Kafalah Program in partnership with SME Bank Funding Gate. Unlike a direct lending facility, NTDP provides a guarantee instrument while the bank or financial institution disburses the actual loan proceeds.
Maximum guarantee amounts are tiered by company size: SAR 15 million for medium-sized technology companies, SAR 5 million for small tech companies, and SAR 2.5 million for micro tech companies. Eligible applicants must be for-profit technology companies registered and operating in Saudi Arabia. Sole proprietorships, nonprofits, universities, and individuals are not eligible for this instrument.
The application process begins at NTDP and proceeds to the relevant financing entity for review. Approval must be obtained from both the financing institution and the Kafalah Program before a guarantee is issued. Companies seeking this guarantee should initiate their inquiry through NTDP's program portal and work with a participating bank that is enrolled in the Kafalah network. Prospective applicants are advised to confirm current program status directly with NTDP, as the program's open/closed status can change between funding cycles.
Government-backed loan guarantees covering up to 90% of financing value for micro, small, and medium Saudi technology companies via the Kafalah Program.
Sign up free to see the funding breakdown
Sign up free to see the industries in scope
Sign up free to see the full eligibility